Cuprina Holdings announces 1-for-8 Share Consolidation

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Cuprina Holdings announces 1-for-8 Share Consolidation SINGAPORE, May 22, 2026 (GLOBE NEWSWIRE) -- Cuprina Holdings (Cayman) Limited (Nasdaq: CUPR) (“Cuprina” or “the Company”), a biomedical company developing and marketing products for the chronic wounds, infertility, medical waste recycling, and cosmeceuticals sectors, today announced that it plans to implement a 1-for-8 share consolidation of its Class A ordinary shares (“Class A Ordinary Shares”) and Class B ordinary shares (“Class B Ordinary Shares”) (the "Share Consolidation"), effective on or around May 27, 2026. Beginning with the opening of trading on or around May 27, 2026, the Company's Class A Ordinary Shares will begin trading on a post-Share Consolidation basis on the Nasdaq Capital Market under the same symbol " CUPR ", but under a new CUSIP number of G2592E110. The objective of the Share Consolidation is to enable the Company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on the Nasdaq Capital Market. Upon the effectiveness of the Share Consolidation, every eight (8) issued and outstanding Class A ordinary shares, par value US$0.001 per share, and Class B Ordinary Shares, par value US$0.001 per share, will automatically be converted into one issued and outstanding Class A Ordinary Share, par value US$0.008 per share, and Class B Ordinary Shares, par value US$0.008 per share, respectively. No fractional shares will be issued as a result of the Share Consolidation. Instead, any fractional shares that would have resulted from Share Consolidation will be rounded up to the next whole number. The Share Consolidation affects all shareholders uniformly and will not alter any shareholder's percentage interest in the Company's outstanding ordinary shares, except for adjustments that may result from the treatment of fractional shares. The Share Consolidation was approved by the Company's board of directors on April 21, 2026 and its shareholders during its annual general meeting held on May 14, 2026. “This action is an important step toward maintaining our Nasdaq listing and enhancing the Company’s long‑term financial flexibility,” said Cuprina Chief Executive Officer David Quek. “This approval reflects our shareholders’ support for strengthening Cuprina’s cap...

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