other material
confidence high
sentiment negative
materiality 0.60
ANVI Global approves 1-for-20 reverse split after OTCQB bid-price deficiency
ANVI GLOBAL HOLDINGS, INC.
- Majority holder (60.03%) executed written consent Sept 4, 2026 approving 1-for-20 reverse split.
- Reverse split effective only after SEC Schedule 14C clearance and FINRA approval; 20-day wait after mailing.
- OTCQB deficiency notice June 6, 2026 for bid price <$0.01 for 30 days; cure deadline Oct 5, 2026, 60-day extension requested.
- Abandoned planned mining asset injection due to delays and geopolitical tensions; pivoted to reverse split.
- Common stock quoted on OTCQB under ANVI; faces possible downgrade to OTC Pink if not compliant.