Business
Moolec Science Announces Effectiveness of Share Consolidation
GEORGE TOWN, CAYMAN ISLANDS / ACCESS Newswire / January 5, 2026 / Moolec Science SA ("Moolec" or the "Company") today announced that, in accordance with the resolutions passed at the extraordinary general meeting of shareholders held on December 16, ...
About this update from Moolec Science Sa
[{"type":"text","content":"GEORGE TOWN, CAYMAN ISLANDS / ACCESS Newswire / January 5, 2026 / Moolec Science SA ("Moolec" or the "Company") today announced that, in accordance with the resolutions passed at the extraordinary general meeting of shareholders held on December 16, 2025, and the resolutions adopted by the Company's board of directors on December 19, 2025, the Company has consummated, effective as of January 5, 2026, the previously announced share consolidation at a ratio of 15-for-1, so that all shareholders holding every 15 ordinary shares of par value of US$0.10 each will hold 1 ordinary share of par value US$1.50 each (the "Share Consolidation").","length":675,"tagName":"p"},{"type":"text","content":"As a result, every 15 ordinary shares of the Company, par value US$0.10 per share each (with par value to be amended from time to time, the "Shares"), issued and outstanding immediately prior to the Share Consolidation, were automatically consolidated into 1 validly issued, par value US$1.50 each, fully paid and non-assessable Share, without any action required by any shareholder.","length":393,"tagName":"p"},{"type":"text","content":"The Share Consolidation became effective on January 5, 2025, at 8:00 a.m. Eastern Time (the "Effective Date") and is reflected in the market as of the start of trading today on a consolidation-adjusted basis.","length":218,"tagName":"p"},{"type":"text","content":"The Company's ordinary shares continue to trade on The Nasdaq Stock Market under the symbol "MLEC" under a new CUSIP number G6223S 125. The Company's publicly traded warrants continue to trade under the symbol "MLECW" under the same CUSIP number G6223S 117.","length":285,"tagName":"p"},{"type":"text","content":"As a result of the Share Consolidation, the number of issued and outstanding Shares was reduced from 10,891,761 to 726,118 Shares. The Share Consolidation does not otherwise affect the Company's business or operations.","length":222,"tagName":"p"},{"type":"text","content":"Registered shareholders are not required to take any action to receive shares in connection with the Share Consolidation. Shareholders who hold their shares through a brokerage firm, bank, dealer, custodian or other nominee will have their positions automatically adjusted to reflect the Share Con...