other material
confidence high
sentiment neutral
materiality 0.55
Kun Peng International announces 1-for-10 reverse stock split effective June 2, 2026
Kun Peng International Ltd.
- 1-for-10 reverse split effective at market open on June 2, 2026; fractional shares rounded up.
- Outstanding shares reduced from 400M to ~40M; authorized shares cut from 1B to 100M.
- Par value increased from $0.0001 to $0.001 via Certificate of Change under Nevada law.
- Approved by Board and holders of 85.4% of outstanding shares via written consent dated Jan 20, 2026.
- Trading symbol temporarily changes to 'KPEAD' for 20 trading days then reverts to 'KPEA'.