Ostin Technology Group Co., Ltd. Announces 1-for-25 Reverse Share Split Effective August 5, 2025
Ostin Technology Group (NASDAQ:OST), a Chinese display modules and polarizers supplier, has announced a 1-for-25 reverse share split effective August 5, 2025. The split was approved by shareholders on July 17, 2025.
Following the reverse split, every 25 shares of Class A ordinary shares will be combined into one share, reducing the total outstanding shares from 132.43 million to approximately 5.29 million. The company will maintain its "OST" ticker symbol, with a new CUSIP number G67927122. Additionally, OST has amended its Memorandum of Association to adjust the par value to $0.025 per share.
Ostin Technology Group (NASDAQ:OST), fornitore cinese di moduli display e polarizzatori, ha annunciato un raggruppamento azionario inverso 1-per-25 con effetto dal 5 agosto 2025. La decisione 猫 stata approvata dagli azionisti il 17 luglio 2025.
Dopo il raggruppamento, ogni 25 azioni ordinarie di Classe A saranno unite in un'unica azione, riducendo il numero totale di azioni in circolazione da 132,43 milioni a circa 5,29 milioni. La societ脿 manterr脿 il simbolo di borsa "OST", con un nuovo numero CUSIP G67927122. Inoltre, OST ha modificato il proprio Memorandum of Association per adeguare il valore nominale a 0,025 dollari per azione.
Ostin Technology Group (NASDAQ:OST), proveedor chino de m贸dulos de pantalla y polarizadores, ha anunciado una consolidaci贸n inversa de acciones 1-por-25 que entrar谩 en vigor el 5 de agosto de 2025. La operaci贸n fue aprobada por los accionistas el 17 de julio de 2025.
Tras la consolidaci贸n, cada 25 acciones ordinarias Clase A se combinar谩n en una sola, reduciendo el total de acciones en circulaci贸n de 132,43 millones a aproximadamente 5,29 millones. La empresa mantendr谩 su s铆mbolo burs谩til "OST", con un nuevo n煤mero CUSIP G67927122. Adem谩s, OST ha modificado su Memorando de Asociaci贸n para ajustar el valor nominal a 0,025 d贸lares por acci贸n.
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Ostin Technology Group (NASDAQ:OST), fournisseur chinois de modules d'affichage et de polariseurs, a annonc茅 une division inverse d'actions au ratio de 1 pour 25 effective 脿 partir du 5 ao没t 2025. Cette op茅ration a 茅t茅 approuv茅e par les actionnaires le 17 juillet 2025.
Suite 脿 cette division, chaque groupe de 25 actions ordinaires de Classe A sera regroup茅 en une seule action, r茅duisant ainsi le nombre total d'actions en circulation de 132,43 millions 脿 environ 5,29 millions. La soci茅t茅 conservera son symbole boursier "OST", avec un nouveau num茅ro CUSIP G67927122. De plus, OST a modifi茅 ses statuts pour ajuster la valeur nominale 脿 0,025 dollar par action.
Ostin Technology Group (NASDAQ:OST), ein chinesischer Anbieter von Display-Modulen und Polarisatoren, hat eine 1-zu-25-Aktienzusammenlegung angek眉ndigt, die am 5. August 2025 wirksam wird. Die Aktion wurde am 17. Juli 2025 von den Aktion盲ren genehmigt.
Nach der Zusammenlegung werden jeweils 25 Stammaktien der Klasse A zu einer Aktie zusammengefasst, wodurch die Gesamtzahl der ausstehenden Aktien von 132,43 Millionen auf etwa 5,29 Millionen reduziert wird. Das Unternehmen beh盲lt sein B枚rsensymbol "OST" bei und erh盲lt eine neue CUSIP-Nummer G67927122. Zus盲tzlich hat OST seine Satzung ge盲ndert, um den Nennwert auf 0,025 US-Dollar pro Aktie anzupassen.
- Potential to maintain NASDAQ listing compliance through higher share price
- Reduced number of outstanding shares may improve stock marketability
- No fundamental change in company value or market capitalization
- Reverse splits often signal financial distress or compliance issues
Nanjing, China, July 28, 2025 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. ("the Company") (NASDAQ:OST), a leading supplier of display modules and polarizers based in China, today announced that it has resolved to effect a reverse share split of the Company's ordinary shares, with the split ratio set at 1-for-25 (the "The Reverse Share Split"). The Reverse Share Split was approved by the Company's shareholders at an extraordinary general meeting held on July 17, 2025. The Company's Class A ordinary shares will begin trading on an adjusted basis, reflecting the Reverse Share Split, on August 5, 2025, under the existing ticker symbol "OST." The new CUSIP number for the Company's Class A ordinary shares will be G67927122.
Upon the effectiveness of the Reverse Share Split, every twenty five shares of the Company's issued and outstanding Class A ordinary shares as of the effective date will automatically be combined into one Class A ordinary share. This adjustment will reduce the total number of outstanding Class A ordinary shares of the Company from approximately 132.43 million to approximately 5.29 million.
In conjunction with the Reverse Share Split, the Company also amended its Memorandum of Association to proportionately reduce the number of authorized shares for issuance and to adjust the par value of the post-reverse share split ordinary shares to
About Ostin Technology Group Co., Ltd.
Founded in 2010, the Company is a supplier of display modules and polarizers in China. The Company designs, develops, and manufactures TFT-LCD display modules in a wide range of sizes and customized sizes which are mainly used in consumer electronics, outdoor LCD displays, and automotive displays. The Company also manufactures polarizers used in the TFT-LCD display modules.
For more information, please visit
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as 鈥渕ay,鈥� 鈥渨ill,鈥� 鈥渆xpect,鈥� 鈥渁nticipate,鈥� 鈥渁im,鈥� 鈥渆stimate,鈥� 鈥渋ntend,鈥� 鈥減lan,鈥� 鈥渂elieve,鈥� 鈥減otential,鈥� 鈥渃ontinue,鈥� 鈥渋s/are likely to鈥� or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company鈥檚 registration statement and in its other filings with the U.S. Securities and Exchange Commission.
For more information, please contact:
Ostin Technology Group Co., Ltd.
FAQ
When will Ostin Technology Group's (NASDAQ:OST) 1-for-25 reverse stock split take effect?
How many shares will OST have outstanding after the reverse split?
What happens to OST shareholders' shares in the reverse split?
What is the new par value of OST shares after the reverse split?
When did OST shareholders approve the reverse stock split?
