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An announcement from Everbright Digital Holding Ltd. ( (EDHL) ) is now available.
Everbright Digital Holding Limited announced that its board of directors approved a 1-for-16 reverse share split of its ordinary shares on January 16, 2026, with the shares set to begin trading on a post-split basis on Nasdaq on February 9, 2026. The move, which was previously approved by shareholders at an extraordinary general meeting on September 30, 2025, will change the par value of the ordinary shares from USD 0.00004 to USD 0.00064, reduce the number of issued and outstanding shares from 26,660,000 to approximately 1,666,250, and leave the stock trading under the ticker “EDHL” with a new CUSIP, while fractional entitlements will be rounded up to the nearest whole share. The company stated that the reverse split is intended to boost its share price to help maintain compliance with Nasdaq listing requirements, a step that may support its continued access to U.S. capital markets and could influence existing shareholders through a higher per-share price and a significantly reduced share count.
More about Everbright Digital Holding Ltd.
Everbright Digital Holding Limited is an integrated marketing solutions provider headquartered in Hong Kong. Operating through its subsidiary Hong Kong United Metaverse Limited, the company focuses on metaverse and related technologies, offering one-stop digital marketing services that include metaverse simulation, virtual and augmented reality design and creation, creative event planning and management, IP character creation and social media marketing for businesses at various stages of development.
Average Trading Volume: 482,341
Technical Sentiment Signal: Strong Sell
Current Market Cap: $5.85M
Find detailed analytics on EDHL stock on TipRanks’ Stock Analysis page.