Li Bang Announces 1-for-100 Reverse Share Split to Regain Nasdaq Compliance
ByAinvest
Tuesday, Mar 24, 2026 4:54 pm ET1min read
LBGJ--
Li Bang International (LBGJ) plans a 1-for-100 reverse share split to regain compliance with Nasdaq's minimum bid price requirement. The move aims to address the company's current non-compliance and will take effect on March 27, 2026. The company currently has around 180.4M Class A shares outstanding pre-split. LBGJ shares are down 8% post-market.
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