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SU Group Holdings Limited Announces Reverse Stock Split, Share Capital Increase and Share Capital Alteration
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 boar
About this update from Su Group Holdings Limited
[{"type":"text","content":"Reverse Stock-Split, Share Capital Increase and Share Capital Alteration to be effective on August 25, 2025","length":107,"tagName":"p","attribs":{}},{"type":"text","content":"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. Eastern Standard Time (August 1, 2025 at 10 a.m. Hong Kong time).","length":883,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/SU Group Holdings Limited)","displaySize":"","headline":null,"caption":"(PRNewsfoto/SU Group Holdings Limited)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":283,"url":"https://media.zenfs.com/en/prnewswire.com/b7e7fcd0bfaa94ad94174fa713ae25db"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/LwBn9en0Z_Bx5mCZAoHhNg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ5OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/b7e7fcd0bfaa94ad94174fa713ae25db","width":400,"height":283}},"href":"https://mma.prnewswire.com/media/2327750/logo_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Share Consolidation","length":19,"tagName":"p"},{"type":"text","content":"The Share Consolidation, approved as an ordinary resolution, will combine every ten Ordinary Shares into one Ordinary Share with a par value of HK$0.10. The Share Consolidation will become effective at 12:01 a.m. Eastern Time on Monday, August 25, 2025, and the Company's Ordinary Shares will commence trading on the Nasdaq Capital Market on a post-split basis at the opening of the market on August 25, 2025. The Company's Ordinary Shares will continue to trade on the Nasdaq Capital Market under the Company's existi...