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Founder Group announces 1-for-100 share consolidation effective Sept. 1

PUBT·09/04/2026 12:01:53
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Founder Group announces 1-for-100 share consolidation effective Sept. 1
  • Founder Group will execute a 1-for-100 share consolidation effective Sept. 1, 2026.
  • Move targets Nasdaq Capital Market minimum bid-price compliance under Rule 5550(a)(2).
  • Class A shares will trade on an adjusted basis under ticker FGL with new CUSIP G3662E147.
  • Issued Class A shares drop to about 73,693 from 7,369,159; Class B shares to about 1,865 from 186,358.
  • Fractional positions will be rounded up through bonus shares.


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. Founder Group 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: 0001213900-26-097414), on September 04, 2026, and is solely responsible for the information contained therein.