An announcement from Starbox Group Holdings Ltd. ( (STBX) ) is now available.
Starbox Group Holdings Ltd., a company based in the Cayman Islands, announced a significant share consolidation plan. This plan, approved by the board on March 12, 2025, and by shareholders on April 2, 2025, involves consolidating its Class A, Class B, and preferred shares on a 14:1 basis. Starting April 15, 2025, the consolidated shares will trade on the Nasdaq Capital Market under the symbol ‘STBX’ with a new CUSIP number. The consolidation aims to streamline the company’s share structure, potentially impacting its market positioning and shareholder value.
More about Starbox Group Holdings Ltd.
YTD Price Performance: -98.99%
Average Trading Volume: 1,221,462
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.33M
For detailed information about STBX stock, go to TipRanks’ Stock Analysis page.