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Company Stock Will Begin Trading on Split Adjusted Basis October 1, 2025
LAKE BARRINGTON, IL, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Yunhong Green CTI Ltd. (NASDAQ:YHGJ) ("Yunhong Green CTI" or the "Company"), a leading manufacturer of custom film products, foil novelty balloons, and flexible packaging products, today announced that it will proceed with a 1-for-10 reverse stock split of its shares of common stock (the "Reverse Stock Split") following approval by its Board of Directors. The Reverse Stock Split was approved by the Company's stockholders at the annual meeting of stockholders held on August 22, 2025.
The Reverse Stock Split is expected to be effective on October 1, 2025 (the "Effective Time"). The Company's common stock is expected to begin trading on a split-adjusted basis under the same symbol (YHGJ) at around 9 a.m. Eastern Time on October 1, 2025, with the new CUSIP number 98873Q 209.
As of the Effective Time, every 10 issued and outstanding shares of the common stock will be automatically reclassified into one issued and outstanding share of the Company's common stock. This will reduce the number of shares outstanding from approximately 27,788,626 to approximately 2,778,862, subject to adjustment for fractional shares. The Reverse Stock Split will not affect the par value of the common stock. No fractional shares will be issued in connection with the Reverse Stock Split. Holders of common stock will receive a cash payment (without interest) in lieu of any fractional shares.
Posted In: YHGJ
