Greenlite announces 1-for-200 reverse stock split
Greenlite Ventures (GRNL) has confirmed a major change to its stock structure. The company will carry out a 1-for-200 reverse stock split, drastically reducing the number of outstanding shares. The move follows approval from both the board of directors and the majority of stockholders.
The reverse split will combine 200 existing shares into a single new share. This will cut the total outstanding shares from around 187,738,656 to roughly 938,694. The goal is to push up the per-share price of GRNL’s common stock.
Pacific Stock Transfer has been named as the exchange and transfer agent for the process. Trading under the adjusted structure will begin on December 29, 2025. The new shares will trade under the updated CUSIP number 395368301.
The reverse split marks a significant shift in Greenlite Ventures’ stock structure. Shareholders will see their holdings consolidated, while the company aims for a higher share price. Official updates will come through SEC filings and company announcements.
Read also:
- India's Agriculture Minister Reviews Sector Progress Amid Heavy Rains, Crop Areas Up
- Cyprus, Kuwait Strengthen Strategic Partnership with Upcoming Ministerial Meeting
- Inspired & Paddy Power Extend Virtual Sports Partnership for UK & Ireland Retail
- South West & South East England: Check & Object to Lorry Operator Licensing Now
