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The latest update is out from Intelligent Group Ltd ( (INTJ) ).
On January 15, 2026, the board of Intelligent Group Limited approved a reverse stock split of its issued and unissued shares at a ratio of one-for-twenty, exercising its authority under BVI corporate law and the company’s memorandum and articles without requiring shareholder approval. The move restructures the share capital while leaving the company’s Nasdaq listing and basic trading framework in place.
The reverse split will take effect at 12:01 a.m. ET on February 17, 2026, when the Class A ordinary shares will commence trading on a split-adjusted basis on Nasdaq under the unchanged symbol INTJ but with a new CUSIP. The transaction will reduce the number of outstanding Class A ordinary shares from 29,250,000 to approximately 1,462,500, with fractional entitlements rounded up to a whole share, a step that typically aims to boost the per-share trading price and support continued market listing and investor perception.
More about Intelligent Group Ltd
Intelligent Group Limited is a foreign private issuer incorporated in the British Virgin Islands and listed on the Nasdaq Capital Market under the ticker symbol INTJ. The company has its principal executive offices in Admiralty, Hong Kong, and its listed equity consists of Class A ordinary shares traded in the U.S. market.
Average Trading Volume: 104,007
Technical Sentiment Signal: Sell
Current Market Cap: $949.2K
See more insights into INTJ stock on TipRanks’ Stock Analysis page.