SU Group to complete 1-for-5 reverse stock split on Aug. 6
SU Group Holdings Limited said its board and majority shareholders approved a 1-for-5 reverse stock split of its Class A ordinary shares, effective Aug. 6, 2026.
SU Group Holdings Limited said it will carry out a 1-for-5 reverse stock split of its Class A ordinary shares, described in the release as a share consolidation, effective at 12:01 a.m. Eastern Time on Aug. 6, 2026.
The Hong Kong-based company said trading on the Nasdaq Capital Market is expected to continue that day under the ticker SUGP. It said the move will reduce the number of issued and outstanding ordinary shares from about 7,124,092 to about 1,424,819.
SU Group said its board approved the transaction on July 23, 2026, and majority shareholders approved it by written resolution the same day. The company also said a new CUSIP number, G8552M141, has been assigned.
The release said no fractional shares will be issued. Instead, fractional entitlements will be rounded up to the nearest whole number. Registered shareholders holding shares in book-entry form do not need to take action, while shares held through a broker, bank, trust or other nominee will be adjusted automatically, subject to broker processes.
Holders of physical certificates will need to send their old certificates and a letter of transmittal to exchange them for new post-consolidation certificates, the company said. Transhare Corporation will serve as exchange agent.
The company said outstanding options, warrants, restricted share units and other convertible securities will be adjusted under their governing terms if they remain outstanding on the effective date. It also said the par value of its ordinary shares will change from HK$0.000001 to HK$0.000005, and that the authorized share count will be reduced accordingly.
SU Group describes itself as a security-related engineering services company that also provides security guarding and screening services and vocational training services in Hong Kong. The company said it expects Nasdaq trading to continue without disruption, subject to compliance with Nasdaq listing requirements.
The share consolidation is set to take effect Aug. 6, and post-split trading is expected to begin at the opening of market that day.
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Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.
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