-+ 0.00%
-+ 0.00%
-+ 0.00%

Kandal M Venture announces 1-for-40 share consolidation

PUBT·10/02/2026 20:16:18
Listen to the news
Kandal M Venture announces 1-for-40 share consolidation
  • Kandal M Venture plans a 1-for-40 share consolidation of its Class A and Class B ordinary shares.
  • Post-consolidation Class A shares start trading Oct. 13, 2026 on Nasdaq under FMFC, with new CUSIP G5225N126.
  • Move targets Nasdaq Rule 5550(a)(2) compliance to maintain the Nasdaq Capital Market listing.
  • Issued ordinary shares expected to fall to 492,374 from 19,694,940, subject to rounding up fractional shares.
  • Par value per share will rise to US$ 0.0004 from US$ 0.00001.


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. Kandal M Venture Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-106390), on October 02, 2026, and is solely responsible for the information contained therein.