Ohmyhome to consolidate shares at 1-for-50 ratio on Nasdaq
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Ohmyhome Ltd. (NASDAQ: OMH) announced a 1-for-50 share consolidation of its Class A and Class B ordinary shares, effective August 31, 2026, when the company's Class A ordinary shares will begin trading on a post-consolidation basis on the Nasdaq Stock Market under the same ticker symbol "OMH" with a new CUSIP number G6S38M131.
Before the consolidation, the company has 96,434,441 ordinary shares outstanding, comprising 95,592,901 Class A shares and 841,540 Class B shares. After the consolidation, approximately 1,911,859 Class A ordinary shares and 16,831 Class B ordinary shares will remain outstanding. Fractional shares resulting from the consolidation will be rounded up to the next whole share.
All outstanding stock options, warrants, and other rights to purchase Class A ordinary shares will be adjusted proportionately. Shareholders holding shares through a bank, broker, or other nominee will have their shares automatically adjusted to reflect the consolidation.
The par value of each share class will change from US$0.0000001 to US$0.000005 following the consolidation. The company is authorized to issue a total of 200,000,000,000,000,000 shares, split between 180,000,000,000,000,000 Class A shares and 20,000,000,000,000,000 Class B shares.
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