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Galaxy Payroll Group Updates Securities Purchase Agreement Following Share Consolidation

Story Highlights
  • Galaxy Payroll Group announced an amendment to its Securities Purchase Agreement on September 12, 2025.
  • The amendment follows a share consolidation, adjusting share par value and purchase price.
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Galaxy Payroll Group Updates Securities Purchase Agreement Following Share Consolidation

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Galaxy Payroll Group Limited ( (GLXG) ) just unveiled an update.

On September 12, 2025, Galaxy Payroll Group Limited announced an amendment to its Securities Purchase Agreement initially made on July 11, 2025. This amendment follows a 1-for-10 share consolidation on September 8, 2025, adjusting the par value of the company’s ordinary shares to $0.00625 and revising the purchase price to $0.2178 per share. These changes reflect 60% of the listed closing price of the company’s shares on September 5, 2025, potentially impacting investor perceptions and the company’s market positioning.

More about Galaxy Payroll Group Limited

Galaxy Payroll Group Limited operates within the financial services industry, focusing on payroll management solutions. The company is incorporated in the British Virgin Islands and has its principal executive office in Hong Kong.

Average Trading Volume: 51,151

Technical Sentiment Signal: Sell

For a thorough assessment of GLXG stock, go to TipRanks’ Stock Analysis page.

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