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GMEX Robotics Corporation Announces Share Consolidation
TAREN POINT, Australia, April 28, 2026 (GLOBE NEWSWIRE) -- GMEX Robotics Corporation (Nasdaq: GMEX) (the “Company”), today announced that it will effect a share consolidation of (i) its issued and unissued existing Class A ordinary shares, par value of $0.0128 per share, at a ratio of 1-for-7, with a post-share consolidation par value of $0.0896, and (ii) its issued and unissued existing Class B ordinary shares, par value of $0.0032, at a ratio of 1-for-28, with a post-share consolidation par value of $0.0896, effective on May 1, 2026 (the “Share Consolidation”). The Company's Class A ordinary shares are expected to begin trading on a post-consolidation basis at the open of the market session on May 1, 2026. Upon the market opening on May 1, 2026, the Company's Class A ordinary shares will continue to be traded on The Nasdaq Capital Market under the symbol “GMEX” with the new CUSIP number G3514S120. This decision represents a deliberate capital structure optimization, aligning the company's market profile with its significant operational progress and ambitious future roadmap.