Business
ReTo Eco-Solutions, Inc. Announces Share Combination
ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company") today announced that its board of directors approved a combination of its Class A shares, no par value (the "Class A Shares") on a five-to-one basis (the "Share Combination"). The Class A Shares will begin trading on a post combination basis on November 3, 2025.
About this update from Reto Eco-solutions, Inc.
[{"type":"text","content":"BEIJING, Oct. 29, 2025 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company") today announced that its board of directors approved a combination of its Class A shares, no par value (the "Class A Shares") on a five-to-one basis (the "Share Combination"). The Class A Shares will begin trading on a post combination basis on November 3, 2025.","length":407,"tagName":"p"},{"type":"text","content":"As a result of the Share Combination, each five (5) pre-combination Class A Shares will be automatically combined into one (1) Class A Share without any action on the part of the holders, with the number of issued and outstanding Class A Shares reduced from 7,327,491 to approximately 1,465,498. There will be no change to the par value of the Class A Shares, which will remain as no par value following the Share Combination. The Class A Shares will continue to trade on the Nasdaq Capital Market ("Nasdaq") under the symbol "RETO" under a new CUSIP number – G75271133. The Share Combination is intended to increase the market price per share of the Class A Shares to allow the Company to maintain its Nasdaq listing.","length":738,"tagName":"p"},{"type":"text","content":"No fractional shares will be issued as a result of the Share Combination. Shareholders who otherwise would be entitled to a fractional share because they hold a number of Class A Shares not evenly divisible by five will automatically be entitled to receive an additional share of the Class A Shares.","length":299,"tagName":"p"},{"type":"text","content":"The Share Combination will not be submitted to a vote of the Company's shareholders as shareholder approval is not required under the laws of the British Virgin Islands.","length":173,"tagName":"p"},{"type":"text","content":"The Company's transfer agent, VStock Transfer, LLC, will act as the exchange agent. Adjustments made to Class A shares represented by physical stock certificates can be made upon surrender of the certificate to the transfer agent. Please contact VStock Transfer, LLC for further information at (212) 828-8436.","length":313,"tagName":"p"},{"type":"text","content":"About ReTo Eco-Solutions, Inc.","length":30,"tagName":"p"},{"type":"text","content":"Founded in 1999, ReTo Eco-Solutions, Inc., through its operating subsidiari...