Lobo Technologies Announces 1-for-10 Share Consolidation
Lobo Technologies (LOBO) has officially announced a 1-for-10 reverse stock split affecting both its Class A and Class B ordinary shares. The consolidation is scheduled to take effect on November 17, 2026. Following the implementation of this consolidation, the company's share structure will be significantly reduced. Post-split, Lobo Technologies expects to have approximately 1,131,162 Class A ordinary shares and 373,032 Class B ordinary shares outstanding.
Tickers: $LOBO
Topics: Equity Restructuring Reverse Stock Split Share Consolidation