VCI Global Announces 1-for-49 Reverse Stock Split
VCI Global Limited - Ordinary Share (VCIG)
Company Research
Source: GlobeNewswire
KUALA LUMPUR, Malaysia, Nov. 01, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global” or the “Company”), a diversified holding company with expertise in consulting, fintech, AI, robotics and cybersecurity, is pleased to announce the approved 1-for-49 stock split of the Company’s common stock with no par value, effective at 12:01 a.m. Eastern Time on 5 November, 2024 (the “Reverse Stock Split”). VCI Global’s common stock will continue to be traded on the Nasdaq Capital Market on a split-adjusted basis beginning on 5 November, 2024, under the Company’s existing trading symbol “VCIG” with the new CUSIP number G98218 202. The Reverse Stock Split is primarily intended to increase the market price per share of the Company’s common stock to regain compliance with the minimum bid price required for continued listing on the Nasdaq Capital Market. The Reverse Stock Split will reduce the number of shares of common stock issued and outstanding from approxi
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VCIG
News
- VCI Global Wins Its First AI Contract Worth US$16 MillionGlobeNewswire
- VCI Global Completes Founder Group Limited’s IPO on Nasdaq, Records US$5.2 Million in RevenueGlobeNewswire
- VCI Global Appoints Victor Lee as Executive DirectorGlobeNewswire
- VCI Global Unleashes Enterprise AI Solutions with V-Gallant, Leveraging NVIDIA’s Computing InfrastructureGlobeNewswire
- VCI Global Secures Additional US$30 Million Investment Commitment from Alumni Capital LP to Propel Its AI Cloud Computing Business Forward in Q2 2025GlobeNewswire
VCIG
Sec Filings
- 10/21/24 - Form 6-K
- 10/15/24 - Form EFFECT
- 10/15/24 - Form 424B3
- VCIG's page on the SEC website