Global Engine Group Holding Limited Announces 1-for-10 Share Consolidation
Key Highlights
- ➤1-for-10 share consolidation begins October 8 under Nasdaq ticker GLE
- ➤Nasdaq compliance and listing retention are the consolidation’s stated objectives
- ➤Shares outstanding fall to approximately 1.606 million Class A and 464,000 Class B
- ➤New post-consolidation CUSIP is G39711117; ticker remains GLE
HONG KONG, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Global Engine Group Holding Limited (NASDAQ: GLE) (the “Company” or “GLE”), a Hong Kong-headquartered integrated solutions provider in information communication technologies (“ICT”), today announced that the Company will effectuate a 1-for-10 share consolidation of the Company’s ordinary shares of US$0.0000625 par value each (the “Share Consolidation”).
Beginning with the opening of trading on October 8, 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 “GLE”, but under a new CUSIP number of G39711117. 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.
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