SEGG Media announces 1-for-10 reverse stock split

SEGG Media (SEGG) Corporation announced that its Board of Directors has approved a 1-for-10 reverse stock split of its issued and outstanding common stock. The reverse split is expected to take effect at the opening of trading on August 29, 2025, subject to final coordination with NASDAQ, FINRA, and the company’s transfer agent. The company has obtained a new CUSIP number in connection with this action. This reverse stock split represents a deliberate structural step in SEGG Media’s post-turnaround evolution, aimed at creating a stronger foundation for sustained growth, institutional engagement, and value creation for shareholders. The company’s shareholders overwhelmingly approved a proposal authorizing the Board to enact a reverse stock split at the last annual meeting held on February 20, 2025.