Starbox Group Holdings Ltd. (STBX) has released an update.
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Starbox Group Holdings Ltd. is moving forward with a 16:1 share consolidation of its Class A and Class B ordinary shares, along with preferred shares, which will begin trading on a post-consolidation basis on Nasdaq from October 31, 2024. This strategic move, approved by shareholders and the board, is expected to enhance the company’s share structure and market position. The new trading identifier will retain the symbol ‘STBX,’ but a new CUSIP number will be introduced.
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