other material
confidence high
sentiment neutral
materiality 0.70
Hartford Creative Group approves 1-for-4 reverse stock split to pursue Nasdaq listing
Hartford Creative Group, Inc.
- Board approved 1-for-4 reverse split; effective March 31, 2025 after filing Certificate of Change.
- Every four pre-split shares combine into one; no fractional shares issued – rounded up.
- Authorized common shares reduced from 300M to 75M; preferred stock authorized unchanged.
- Reverse split intended to meet Nasdaq $4.00 minimum bid price requirement for initial listing; company expects to list on Nasdaq in Q2 2025.
- No stockholder approval required under Nevada law; transfer agent Odyssey Transfer and Trust is exchange agent.