Ping An Biomedical Announces 1-for-40 Reverse Stock Split
Globe Newswire•21/10/2026•11:00 ET
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Key Highlights
- ➤1-for-40 reverse stock split effective October 23, 2026
- ➤PASW shares retain Nasdaq ticker symbol PASW
- ➤Outstanding shares expected to fall to approximately 3.13 million
- ➤Par value increases from $0.0000625 to $0.0025
- ➤New CUSIP assigned: G5880S139
HONG KONG, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Ping An Biomedical Co., Ltd. (Nasdaq: PASW) (“Ping An Bio” or the “Company”) announced that its board of directors has approved a 1-for-40 reverse stock split of the Company’s class A ordinary shares and class B ordinary shares.
The Company’s class A ordinary shares are expected to begin trading on a split-adjusted basis on the Nasdaq Capital Market at the opening of trading on October 23, 2026. The shares will continue to trade under the ticker symbol “PASW.”
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