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Mint Incorporation Limited Launches 1-for-10 Reverse Stock Split to Maintain Nasdaq Listing

Story Highlights
  • Mint Incorporation Limited will implement a 1-for-10 reverse stock split on May 6, 2026, cutting outstanding Class A shares from about 20.5 million to 2.05 million and adjusting related securities accordingly.
  • The reverse stock split is designed to lift Mint’s share price above Nasdaq’s $1.00 minimum bid threshold before the June 17, 2026 deadline, aiming to preserve the company’s continued listing and reduce delisting risk.
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Mint Incorporation Limited Launches 1-for-10 Reverse Stock Split to Maintain Nasdaq Listing

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Mint Incorporation Limited Class A ( (MIMI) ) just unveiled an update.

On March 31, 2026, Mint Incorporation Limited’s board approved a 1-for-10 reverse stock split of its Class A and Class B ordinary shares, consolidating every ten shares into one without issuing fractional shares, which will instead be rounded up. Effective at the market open on May 6, 2026, the Class A shares will begin trading on a post-split basis on Nasdaq under the existing ticker MIMI, reducing outstanding Class A shares from about 20.5 million to roughly 2.05 million, with all options, warrants and other convertible securities adjusted accordingly.

The move is aimed at boosting Mint’s per-share trading price to meet Nasdaq’s $1.00 minimum bid requirement ahead of a June 17, 2026 compliance deadline, helping the company avoid potential suspension and delisting of its stock. The company also amended and restated its memorandum and articles of association to reflect the new share structure, while shareholders holding in book-entry or through intermediaries are not required to take any action, and those with physical certificates will transition to book-entry form via the transfer agent.

More about Mint Incorporation Limited Class A

Mint Incorporation Limited is a Hong Kong-based company listed on the Nasdaq Capital Market that focuses on artificial intelligence, robotics and interior design services. Through subsidiaries Axonex Intelligence and Matter International, it provides intelligent robotics and facility management solutions, as well as professional interior design and renovation services to enterprises, real estate, shopping centers and government agencies.

Average Trading Volume: 12,298,477

Technical Sentiment Signal: Sell

Current Market Cap: $7.31M

For detailed information about MIMI stock, go to TipRanks’ Stock Analysis page.

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