Dividends & Buybacks ·
Alps Group proposes 1-for-5 reverse split and share capital increase to meet Nasdaq bid price rules
ALPSAlps Group Inc
Alps Group Inc is seeking shareholder approval at an extraordinary general meeting on October 21, 2026, for a proposed 1-for-5 reverse stock consolidation of its Ordinary and Preferred Shares. The move aims to comply with Nasdaq's minimum bid price listing requirements. Additionally, the company proposes increasing its authorized share capital from US$50,000 to US$105,000, creating 210 million shares. These changes require adoption of a second amended and restated memorandum and articles of association. Alps Group Inc operates in the investment holding sector.