NewGenIvf Group (NIVF) Limited announced that it is implementing a reverse stock split of all of the company’s issued and unissued shares at an exchange ratio of one share for ten shares. The company’s Class A Ordinary Shares will begin trading on the Nasdaq Global Market on a post-Reverse Stock Split basis under the current ticker symbol “NIVF” at the commencement of trading on May 5. The Reverse Stock Split will reduce the number of outstanding Class A Ordinary Shares of the company from 7,302,819 to approximately 730,282 Class A Ordinary Shares.
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