Ostin Technology Group Co., Ltd. announced a 1-for-25 reverse share split of its ordinary shares, effective August 5, 2025. This action was approved by the Company's shareholders at an extraordinary general meeting held on July 17, 2025.
The Company's Class A ordinary shares will begin trading on an adjusted basis, reflecting the reverse share split, on August 5, 2025, under the existing ticker symbol 'OST'. The new CUSIP number for the Class A ordinary shares will be G67927122.
Upon the effectiveness of the reverse share split, every twenty-five shares of issued and outstanding Class A ordinary shares will automatically be combined into one Class A ordinary share. This adjustment will reduce the total number of outstanding Class A ordinary shares from approximately 132.43 million to approximately 5.29 million.
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