Pop Culture Group Announces Share Consolidation at a Ratio of 15-for-1
Pop Culture Group Co., Ltd (NASDAQ: CPOP) has announced a share consolidation for its Class A, B, and C ordinary shares effective September 14, 2026. The consolidation will combine every 15 shares into one, with fractional shares rounded up to the nearest whole number. Prior to the consolidation, there were approximately 14 million issued and outstanding Class A Ordinary Shares; afterward, this is expected to reduce to around 938,000 shares. The company's stock will continue trading under the ticker symbol 'CPOP' on Nasdaq with a new CUSIP number. Outstanding stock options and warrants will also be adjusted proportionally as part of the consolidation process. Shareholders holding through banks or brokers are expected to see automatic adjustments, while beneficial holders should contact their nominees for more information. Pop Culture Group is focused on promoting Chinese pop culture and fostering cultural exchanges between China and the U.S., primarily targeting younger audiences with events and online programs.
Tickers: $CPOP
Topics: capital changes stock structure