Dividends & Buybacks ·
NewGenIvf approves one-for-eight reverse stock split effective Oct. 23
NIVFWNewGenIvf Group Ltd
The board approved a one-for-eight reverse stock split for all issued and unissued shares, including Class A ordinary shares, without requiring shareholder approval under BVI law. The split becomes effective at 12:01 a.m. ET on October 23, 2026, with split-adjusted trading beginning that day under the same symbol NIVF but a new CUSIP. Outstanding shares are expected to drop from approximately 9.8 million to roughly 1.2 million, with fractional shares converted to whole shares. Convertible securities will be adjusted by dividing share counts by eight. NewGenIvf Group Limited operates in the fertility and reproductive health sector.