PTL Limited announces 1-for-80 share consolidation effective Feb. 27

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Go back to PTL Limited announces 1-for-80 share consolidation effective Feb. 27

PTLE Announces 1-for-80 Share Consolidation

February 24, 2026 7:25 AM EST

Hong Kong, Feb. 24, 2026 (GLOBE NEWSWIRE) -- PTL Limited (NASDAQ: PTLE) (PTL or the Company), announces the approval of the proposed 1-for-80 share consolidation of the Class A ordinary shares (Class A Ordinary Shares) and Class B ordinary shares (Class B Ordinary Shares, together with the Class A Ordinary Shares, the Ordinary Shares) of no par value each (the Share Consolidation).

Beginning with the opening of trading on February 27, 2026, being the market effective date, the Class A Ordinary Shares will be trading on a post-Share Consolidation basis on the Nasdaq Capital Market... More