Bemax Announces Reverse Split
DALLAS, GA/ July 28, 2025/ Bemax Inc. (OTCID: BMXC) a private label development Company with a focus on disposable diapers and women’s hygienic sanitary products, is pleased to announce that it will implement a 1-for-800 reverse stock split.
The reverse stock split will be effective as of the close of business on August 11, 2025.
The Company’s ticker symbol will be changed to BMXCD, and after 20 business days, the
symbol will change back to BMXC.
The reverse stock split will reduce the number of outstanding shares of the Company’s common
stock to 8,599,563 shares. Upon effectiveness of the reverse split, the Company’s authorized shares will be 8,000,000,000 shares.
Information for Stockholders
Upon the effectiveness of the reverse stock split, each 800 shares of the Company’s issued and
outstanding common stock will be automatically combined and converted into one issued and
outstanding share of common stock.
The reverse stock split will affect all common stockholders uniformly and will not alter any stockholder’s percentage interest in the Company’s equity. Fractional shares will be rounded up to the next whole number. The reverse stock split will not change the par value of the common stock or modify the rights or preferences of the common stock.
Registered stockholders holding pre-split shares of the Company’s common stock electronically
in book-entry form are not required to take any action to receive post-split shares. Stockholders
owning shares via a broker, bank, trust or other nominee will have their positions automatically
adjusted to reflect the reverse stock split, subject to such broker’s particular processes, and will
not be required to take any action in connection with the reverse stock split.
About Bemax Inc.
Bemax Inc. exports and distribute private label household products to the global emerging markets. www.bemaxinc.com.
Safe Harbor Statement
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
CONTACT INFORMATION
Bemax Inc.
Dallas, GA
USA
Taiwo Aimasiko
Email:
admin@bemaxinc.com
Tel: (470) 582 0807 ext. 101