Megan Holdings says Nasdaq effective date for 1-for-40 share consolidation will be set after Aug. 21

• Megan Holdings corrected its proxy disclosure on a planned 1-for-40 share consolidation, clarifying the Nasdaq effective date is not set.
• The consolidation’s marketplace effective date will fall after Aug. 21, 2026, pending coordination with Nasdaq, DTC, and the transfer agent.
• The Aug. 21, 2026 extraordinary meeting to vote on the share consolidation remains unchanged.
• A later Form 6-K will disclose the final marketplace effective date once determined.

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