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Ridgetech announces 1-for-150 reverse share split | Deepscope News
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 April 3, 2026 11:22 PM  seekingalpha.com Positive

Ridgetech announces 1-for-150 reverse share split

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* Ridgetech (RDGT [https://seekingalpha.com/symbol/RDGT]) announced on Friday that it expects to implement a 1-for-150 reverse share split on its ordinary shares, effective Tuesday, April 7, 2026, at 5:00 p.m. Eastern Time, with trading to begin on a split‑adjusted basis at the market open on the next trading day.
* The new CUSIP number for the ordinary shares following the reverse share split is G2124G 203.
* As of April 2, 2026, the company had 134.83M ordinary shares outstanding; following the reverse share split, the company expects to have approximately 898,906 ordinary shares outstanding.
* Upon the effectiveness of the reverse share split, every 150 shares of the company's issued and outstanding ordinary shares will automatically be converted into one issued and outstanding ordinary share, par value $0.15 per share.
* Source: Press Release [https://seekingalpha.com/pr/20462197-ridgetech-inc-announces-1-forminus-150-reverse-share-split]

MORE ON RIDGETECH

* Financial information for Ridgetech [https://seekingalpha.com/symbol/RDGT/income-statement]

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