CBL International plans 1-for-13 reverse stock split to regain Nasdaq bid-price compliance

• CBL International will execute a 1-for-13 reverse share split of its Class B ordinary shares.
• Post-split trading begins July 20, 2026 on Nasdaq under BANL; new CUSIP G1991X133.
• Move targets Nasdaq minimum bid-price compliance under Rule 5550(a)(2).
• Share count reduction from 14,325,327 Class B shares outstanding; fractional shares rounded up at the participant level.

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. CBL International Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607160800PRIMZONEFULLFEED9761742) on July 16, 2026, and is solely responsible for the information contained therein.