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GIBO Holdings Announces Share Consolidation Ratio
ByAinvest
Friday, Aug 15, 2025 6:20 am ET1min read
GIBO Holdings, a unique animation streaming platform, has announced a 200-for-1 share consolidation of its Class A and Class B ordinary shares. The consolidation will be effective from August 20, 2025, after shareholders approved the move at an extraordinary general meeting on August 6, 2025. The par value of each Class A and Class B ordinary share will increase from US$0.000001 to US$0.0002.
GIBO Holdings Limited, a leading animation streaming platform, has announced a significant share consolidation event. Effective from August 20, 2025, the company will consolidate its Class A and Class B ordinary shares on a 200-for-1 basis. This move follows shareholder approval at an extraordinary general meeting held on August 6, 2025.The consolidation will reduce the number of Class A and Class B ordinary shares by consolidating 200 shares into one share. The par value of each Class A and Class B ordinary share will increase from US$0.000001 to US$0.0002. The new CUSIP number for Class A ordinary shares will be G38617125.
The share consolidation will affect all issued and outstanding ordinary shares of the company. It will also adjust the exercise prices of warrants proportionally. Shareholders will not receive fractional shares; instead, their entitlement will be rounded up to the nearest whole share. The consolidation is expected to increase the market price per share of Class A ordinary shares.
Registered shareholders holding pre-consolidated shares do not need to take any action. Shareholders with shares held via a broker, bank, trust, or other nominee will have their positions automatically adjusted.
About GIBO Holdings Limited
GIBO Holdings Limited is a unique and integrated AIGC (Artificial Intelligence Generated Content) animation streaming platform with extensive functionalities for both viewers and creators. It serves a broad community of young people across Asia, enabling them to create, publish, share, and enjoy AI-generated animation video content. With approximately 86 million registered users and advanced AI-powered tools, GIBO seeks to revolutionize content creation and consumption through AI.
References:
[1] https://www.prnewswire.com/news-releases/gibo-holdings-limited-announces-effective-date-of-share-consolidation-302530873.html
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