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Pop Culture Group announces 10-for-1 reverse share split

July 8, 2026 4:00 PM

Pop Culture Group Co., Ltd (NASDAQ: CPOP), a Chinese pop culture company based in Xiamen, China, announced a 10-for-1 share consolidation of its Class A, Class B, and Class C ordinary shares, effective July 13, 2026.



The company's Class A ordinary shares will begin trading on a post-consolidation basis at the market open on July 13, 2026, continuing on the Nasdaq Capital Market under the symbol "CPOP" with a new CUSIP number of G71700127.



Before the consolidation, 113,810,733 Class A ordinary shares are issued and outstanding. Following the share consolidation, every 10 shares will be combined into one share, with fractional shares rounded up to the next whole share. The resulting Class A ordinary shares outstanding will be approximately 11,381,074.



The company is authorized to issue 264,400,000 Class A ordinary shares, 30,600,000 Class B ordinary shares, and 1,000,000 Class C ordinary shares, each with a par value of $0.10. All outstanding stock options, warrants, and other rights to purchase Class A ordinary shares will be adjusted proportionately.



Shareholders holding shares through a bank, broker, or other nominee will have their shares automatically adjusted to reflect the consolidation.

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