Back To Top

March 26, 2025

Lion Group Holding Ltd. Implements Reverse Stock Split to Comply with Nasdaq

  • Lion Group Holding Ltd. (NASDAQ: LGHL) announces a reverse stock split with a ratio of 50 to 1 to meet Nasdaq’s minimum bid price requirement.
  • This move alters the ADS to Class A ordinary shares ratio, aiming to stabilize stock prices and enhance the company’s market standing.
  • LGHL has experienced notable volatility over the past year, holding a current market capitalization of approximately $9.98 million and a trading volume of 716,808 shares.

Lion Group Holding Ltd. (NASDAQ: LGHL) operates a comprehensive trading platform based in Hong Kong. On March 26, 2025, LGHL will conduct a reverse stock split at a ratio of 50 to 1. This strategic move is part of the company’s efforts to adjust its American Depositary Shares (ADSs) to Class A ordinary shares ratio, shifting from one ADS to fifty Class A ordinary shares to two thousand five hundred Class A ordinary shares.

This adjustment functions similar to a one-for-fifty reverse ADS split, primarily aimed at helping LGHL meet Nasdaq’s minimum bid price requirement. Currently, LGHL’s stock price is $0.074, representing a 2.78% increase with a change of $0.002. The stock has ranged between $0.0688 and $0.075 throughout the day.

The past year saw considerable volatility for LGHL’s stock, with highs of $44.80 and lows of $0.0688. With a current market capitalization nearing $9.98 million and a trading volume of 716,808 shares on NASDAQ, this reverse stock split is deemed necessary to stabilize its price and elevate its standing on the exchange.

By implementing this reverse stock split, LGHL seeks to enhance the appeal of its stock to investors and ensure adherence to Nasdaq’s listing requirements. The adjustment is slated to take effect on March 26, 2025, as noted by PR Newswire. This strategic move is essential for LGHL to maintain its exchange presence while continuing effective operations.

Prev Post

The Week Ahead: A Flood of Economic Data as March…

Next Post

USD/CHF Recovers to 0.8850 Mark: Traders React to Market Caution

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment