Xiamen – September 15, 2026 -- Pop Culture Group Co., Ltd (NASDAQ: CPOP) will consolidate its ordinary shares at a 15-for-1 ratio effective September 14, 2026, cutting its Class A Ordinary Shares outstanding from 14,069,656 to approximately 937,978.
Nasdaq-listed shares consolidate at 15-for-1 ratio starting September 14
The Xiamen-based entertainment company confirmed the share consolidation applies uniformly across its Class A, Class B and Class C ordinary shares, each carrying a par value of US$0.1. Post-consolidation trading begins at market open on September 14, 2026, with Class A shares continuing under the ticker "CPOP" but under a new CUSIP number, G71700135.
Outstanding Class A share count drops by roughly 93% after the reverse split
Every 15 existing shares will convert into one post-consolidation share, with fractional shares rounded up to the next whole unit. The adjustment reduces Class A Ordinary Shares outstanding from 14,069,656 to approximately 937,978. All outstanding stock options, warrants and other rights to purchase Class A shares will be adjusted proportionately to reflect the new ratio.
Brokerage-held shares adjust automatically without shareholder action
Shareholders holding stock through a bank, broker or other nominee will see their holdings automatically updated to reflect the consolidation. The company directed beneficial holders with questions to their brokers or to transfer agent Transhare Corporation, reachable at +1 303-662-1122.