Yunhong Green CTI executes 1-for-10 reverse stock split
Yunhong Green CTI Ltd. (NASDAQ: YHGJ) will implement a 1-for-10 reverse stock split effective October 1, 2025, the company announced. The reverse split received approval from the company's board of directors and stockholders at the annual meeting held on August 22, 2025.
Under the reverse split, every 10 shares of common stock will be reclassified into one share. This will reduce the number of outstanding shares from approximately 27,788,626 to approximately 2,778,862, subject to fractional share adjustments.
The company's common stock will continue trading under the YHGJ symbol on a split-adjusted basis beginning around 9 a.m. Eastern Time on October 1, 2025. The stock will receive a new CUSIP number 98873Q 209.
Yunhong Green CTI manufactures custom film products, foil novelty balloons, and flexible packaging products. The reverse split will not affect the par value of the common stock, and no fractional shares will be issued. Stockholders will receive cash payments for any fractional shares.
Equiniti Trust Company, LLC serves as the exchange agent for the reverse stock split. Registered stockholders are not required to take action to receive post-split shares, while those holding shares through brokers will have their positions automatically adjusted according to their organization's processes.
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