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Garden Stage Announces 200-For-1 Reverse Stock Split, Effective March 6

Benzinga·03/04/2026 13:05:25
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Garden Stage Limited (the "Company" or "Garden Stage"), a Hong Kong-based financial services provider principally engaged in the provision of (i) placing and underwriting services; (ii) securities dealing and brokerage services; and (iii) asset management services, today announced that the authorised, issued, and outstanding Class A shares with a par value of US$0.0001 each (the "Class A Shares") of the Company will be consolidated on a 200 for 1 ratio with the marketplace effective date of March 6, 2026.

The objective of the share consolidation is to enable the Company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on Nasdaq.