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PRNewsWire
2 months ago
SU Group Holdings Limited Announces Reverse Stock Split, Share Capital Increase and Share Capital Alteration
Reverse Stock-Split, Share Capital Increase and Share Capital Alteration to be effective on August 25, 2025 HONG KONG , Aug. 20, 2025 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced that it will effect a 1-for-10 reverse stock split ("Share Consolidation") of its ordinary shares, par value HK$0.01 per share ("Ordinary Shares"), an increase in its authorized share capital ("Share Capital Increase"), and an alteration to its share capital structure ("Share Capital Alteration"). These actions were approved by the board of directors of the Company on June 26, 2025, by the audit committee of the Company on June 26, 2025, and by the Company's shareholders at the Extraordinary General Meeting held on July 31, 2025 at 10 p.m.