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Magic Empire Global Ltd. ( (MEGL) ) just unveiled an announcement.
On February 6, 2025, Magic Empire Global Limited, a company listed on the Nasdaq Capital Market, executed a share combination at a ratio of four shares into one. The move significantly reduced the number of outstanding Class A Ordinary Shares from over 16 million to approximately 4 million, with the new shares set to begin trading on February 18, 2025. This corporate action is expected to streamline the company’s capital structure and potentially enhance its market positioning.
More about Magic Empire Global Ltd.
YTD Price Performance: 2.32%
Average Trading Volume: 1,641,159
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $10.74M
Find detailed analytics on MEGL stock on TipRanks’ Stock Analysis page.