Zenta Group Shareholders Approve 12-to-1 Reverse Split and Contingent 20-to-1 Split
ZTG sits 62% above its 52-week low of $0.6.
Summary
Zenta Group shareholders approved a 12-to-1 reverse stock split and a contingent 20-to-1 split at the September 30 EGM, aimed at regaining Nasdaq compliance.
Key Events · Corporate Governance and Compliance · ZTG
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12-to-1 Reverse Split Approved
Shareholders approved consolidating every 12 Class A and Class B ordinary shares into one share, effective from the date of the resolution.
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Contingent 20-to-1 Split Authorized
The board may implement a further 20-to-1 consolidation if the share price stays below US$1.00 for more than eight consecutive trading days.
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Authorized Capital Restructured
Authorized share capital changes from 1,000,000,000 Class A and 20,000,000 Class B shares at US$0.001 par to 83,333,334 Class A and 1,666,667 Class B shares at US$0.012 par.
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Amended Articles Adopted
The Third Amended and Restated Memorandum and Articles of Association were adopted, including exclusive jurisdiction provisions for certain Cayman law and internal affairs claims.
Analysis · ZTG · Trade & Services
At the September 30 EGM, shareholders approved the 12-to-1 reverse stock split, consolidating every 12 shares into one. The company also secured authority for a further 20-to-1 split if the share price stays below US$1.00 for more than eight consecutive trading days. With the stock trading at $0.9738 today, the contingent split is a real possibility. The reverse split is designed to lift the share price above Nasdaq's minimum bid requirement, but it does not change the company's underlying financial condition — the recent $778K loss and $159K cash balance remain the core concerns.
How filings like this one have moved
In the 30 days to Nov 3, 2026, 32.3% of the 2077 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. 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 $0.97 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $17.2M. The 52-week trading range was $0.60 to $12.25. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.