other material
confidence high
sentiment neutral
materiality 0.60
HWH International announces 1-for-5 reverse stock split effective Feb 24, 2025
HWH International Inc.
- Reverse stock split at 1-for-5 ratio, effective at market open on February 24, 2025.
- Primary purpose: meet Nasdaq minimum bid price requirement to maintain listing.
- No fractional shares; holders receive cash for fractions based on closing price on effective date.
- CUSIP changes to 44852G309; trading symbol remains HWH.
- Approved by stockholders and board on January 16, 2025.