On July 29, 2025, Oriental Rise Holdings Limited shareholders approved a potential share consolidation, also known as a reverse stock split. This measure is a direct response to the company's non-compliance with Nasdaq's minimum bid-price requirement.
The approved ratio for the share consolidation ranges from 1-for-10 to 1-for-150. The Board of Directors is tasked with determining the exact ratio and the effective date of the consolidation by January 25, 2026.
The primary objective of this share consolidation is to increase the per-share price of Oriental Rise's ordinary shares, thereby enabling the company to regain compliance with Nasdaq's listing rules and maintain its presence on the exchange.
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