Davis Commodities Ltd. has approved a 20-for-1 share consolidation for both its Class A and Class B ordinary shares, aiming to boost its share price and meet Nasdaq’s minimum bid requirements. The consolidation is expected to take effect on or about February 16, 2026, pending Nasdaq confirmation. The move received strong support from shareholders.
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. Davis Commodities Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9650722) on February 07, 2026, and is solely responsible for the information contained therein.
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