Recent Updates — GIBO
June 25, 2026View Source ↗
GIBO Holdings Limited will implement a 25-for-1 reverse stock split of its Class A and Class B ordinary shares, effective June 29, 2026. The authorized share capital will change from 50 billion shares at $0.0002 par value to 2 billion shares at $0.005 par value. Fractional shares will be rounded down to the nearest whole number. Correspondingly, the company adjusted its outstanding warrants: the number of shares issuable per warrant decreased to 1/25th of a share, and the exercise price increased 25-fold to $57,500.00 per share. The company operates as a foreign private issuer based in Malaysia.