Aurelion (AURE)announces the approval of the proposed 1-for-10 share consolidation of the Class A ordinary shares and Class B ordinary shares. Beginning with the opening of trading on February 19, being the market effective date, the Class A Ordinary Shares will begin trading on a post-Share Consolidation basis on the Nasdaq Capital Market under the same symbol “AURE” but under a new CUSIP number of G7244A 127. The objective of the Share Consolidation is to enable the company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on the Nasdaq Capital Market, as well as to maintain an appropriate gold-per-share ratio.
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