other material
confidence high
sentiment neutral
materiality 0.50
Armlogi approves 1-for-16 reverse split; BTOC trades split-adjusted Oct 15 under new CUSIP 042255208
Armlogi Holding Corp.
- Board approved a 1-for-16 reverse stock split on September 21, 2026; Certificate of Change filed with the Nevada Secretary of State on October 9, 2026.
- Authorized common shares cut from 100,000,000 to 6,250,000; par value per share rises from $0.00001 to $0.00016.
- Common stock begins trading on a post-split basis on the Nasdaq Capital Market at the open on October 15, 2026, keeping the symbol BTOC but with new CUSIP 042255208.
- No fractional shares will be issued; holders of shares not evenly divisible by 16 receive an additional fraction rounded up to the next whole share, with no cash paid.
- Stockholder approval was not required under Section 78.207 of the Nevada Revised Statutes because the split applies simultaneously and proportionally to authorized and issued shares.