ARB IOT Group Ltd. Announces 1-for-15 Reverse Stock Split to Meet NASDAQ Requirements

Reuters05-29

<a href="https://laohu8.com/S/ARBB">ARB IOT Group Ltd</a>. Announces 1-for-15 Reverse Stock Split to Meet NASDAQ Requirements

ARB IOT Group Ltd. (Nasdaq: ARBB) has announced a reverse share split, consolidating fifteen Ordinary Shares into one, effective June 2, 2025. This move aims to boost the per share trading price to meet NASDAQ's $1.00 minimum bid price requirement. Post-split, the company will have roughly 1,765,276 Ordinary Shares outstanding, while maintaining the same trading symbol "ARBB".

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ARB IOT Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9459520-en) on May 29, 2025, and is solely responsible for the information contained therein.

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