Zenta Group Proposes 12-to-1 Reverse Split to Regain Nasdaq Compliance
ZTG sits 24% above its 52-week low of $0.6 on light trading volume (0.2× avg).
Summary
Zenta Group will hold an EGM on September 30, 2026 to vote on a 12-to-1 reverse stock split, with a pre-approved 20-to-1 fallback if the price stays below $1.00. The move aims to regain Nasdaq compliance.
Key Events · Corporate Governance and Compliance · ZTG
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12-to-1 Reverse Split Proposed
Shareholders will vote on consolidating every 12 Class A and Class B ordinary shares into one share, effective upon passing the resolution.
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Pre-Approved 20-to-1 Fallback
If the share price stays below US$1.00 for more than 8 consecutive trading days, the board may execute a 20-to-1 consolidation without another shareholder vote.
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Nasdaq Compliance Pressure
The stock trades at $0.742, below the $1.00 minimum bid requirement. The reverse split is designed to lift the price above the threshold.
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EGM Scheduled September 30, 2026
Record date is September 8, 2026. Proxy forms must be received by 10:00 AM Hong Kong time on September 28, 2026.
Analysis · ZTG · Trade & Services
Zenta Group is asking shareholders to approve a 12-to-1 reverse stock split at an extraordinary general meeting on September 30, 2026. The stock currently trades at $0.742, well below the $1.00 Nasdaq minimum bid requirement. The board is also seeking pre-approval for a second, more aggressive 20-to-1 split if the price stays below $1.00 for eight consecutive trading days. This is a compliance-driven move to avoid delisting, but it comes at a cost: the share count shrinks dramatically, and the company's recent financials show a $778K loss with only $159K in cash. The reverse split itself does not change the company's market value, but it signals management is fighting to maintain its listing while the underlying business remains under pressure.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 35.8% of the 1045 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ZTG was trading at $0.74 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $4M. The 52-week trading range was $0.60 to $12.25. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.