DIA444.68+4.67 1.06%
SPX6,445.76+72.31 1.13%
IXIC21,681.90+296.50 1.39%

Premium Catering Announces 1-For-9 Reverse Stock Split, Effective July 22, Reducing Outstanding Shares From 18.65M To 2.07M

Benzinga·07/18/2025 13:36:33
Listen to the news

Premium Catering (Holdings) Limited ("PC" or the "Company") (NASDAQ:PC), previously announced a Share Consolidation ("Reverse Split") of its Class A Ordinary Shares on July 11, 2025. A Reverse Stock Split of 1:9 will take place with a record date of July 21, 2025, and the Class A Ordinary Shares are expected to begin trading on a Reverse Stock Split adjusted basis on the Nasdaq Capital Market as of the open of trading on July 22, 2025, under the existing ticker symbol of "PC". Currently, there are 18,652,750 Class A Ordinary Shares issued and outstanding. Following the Reverse Stock Split, the number of Class A Ordinary Shares issued and outstanding will be 2,072,528.

Risk Disclosure: The content of this page is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product. It is for general purposes only and does not take into account your individual needs, investment objectives and specific financial circumstances. All investments involve risk and the past performance of securities, or financial products does not guarantee future results or returns. Keep in mind that while diversification may help spread risk it does not assure a profit, or protect against loss, in a down market. There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully before investing. For more details, please refer to risk disclosure.
Webull Securities Limited is licensed with the Securities and Futures Commission of Hong Kong (CE No. BNG700) for carrying out Type 1 License for Dealing in Securities, Type 2 License for Dealing in Futures Contracts and Type 4 License for Advising on Securities.
Language

English

©2025 Webull Securities Limited. All rights reserved.