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Founder Group announces 1-for-100 share consolidation effective Sept. 1

PUBT·08/27/2026 20:15:58
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Founder Group announces 1-for-100 share consolidation effective Sept. 1
  • Founder Group will execute a 100-for-1 share consolidation effective Sept. 1, 2026.
  • Move targets renewed compliance with Nasdaq’s $1 minimum bid requirement under Rule 5550(a)(2).
  • Class A shares to trade on an adjusted basis under ticker FGL with new CUSIP G3662E147.
  • Share count to fall to about 73,693 Class A shares from 7.37 million; Class B to about 1,865 from 186,358.
  • Fractional positions to be rounded up through issuance of bonus shares.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Founder Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608271615PRIMZONEFULLFEED9816933) on August 27, 2026, and is solely responsible for the information contained therein.