tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Intelligent Group Approves 1-for-20 Reverse Stock Split to Maintain Nasdaq Listing

Story Highlights
  • Intelligent Group’s board approved a 1-for-20 reverse stock split on January 15, 2026.
  • The reverse split supports Nasdaq listing compliance and formalizes adjusted share capital and governance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Intelligent Group Approves 1-for-20 Reverse Stock Split to Maintain Nasdaq Listing

Claim 50% Off TipRanks Premium

Intelligent Group Ltd ( (INTJ) ) has shared an announcement.

On January 15, 2026, Intelligent Group Limited’s board approved a one-for-twenty reverse stock split of all issued and unissued shares, with the move aimed at lifting the company’s per-share trading price to meet Nasdaq’s minimum US$1.00 bid price requirement for continued listing. The reverse split is expected to take effect around February 4, 2026, when the company’s Class A ordinary shares will begin trading on a post-split basis, and, in parallel, the company amended and restated its memorandum and articles of association—effective January 16, 2026—to adjust its authorized share capital and formalize its dual-class structure, a step that may help preserve market listing while reinforcing control arrangements for major shareholders.

More about Intelligent Group Ltd

Intelligent Group Limited is a British Virgin Islands-incorporated company listed on the Nasdaq Capital Market, with its principal executive office in Hong Kong. The company has a dual-class share structure consisting of Class A ordinary shares, each carrying one vote, and Class B ordinary shares, each carrying 50 votes and convertible into Class A shares at the option of the holder, reflecting a governance framework that concentrates voting power among key stakeholders.

Average Trading Volume: 95,432

Technical Sentiment Signal: Sell

Current Market Cap: $12.7M

Find detailed analytics on INTJ stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1