Skip to main content

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.

OK Cancel

Back to top

Baiya International Group Inc. Announces 1-for-10 Reverse Stock Split to Maintain Nasdaq Listing

Baiya International Group Inc. announces a 1-for-10 reverse stock split effective July 10, 2026, to maintain Nasdaq listing.

Quiver AI Summary

Baiya International Group Inc. (NASDAQ: BIYA) announced a reverse stock split of its class A ordinary shares at a 1-for-10 ratio, effective July 10, 2026. This action aims to meet the $1.00 per share minimum bid requirement for maintaining its listing on The Nasdaq Capital Market. Following the split, the number of outstanding shares will decrease from approximately 26.99 million to about 2.70 million. The company will continue trading under the symbol "BIYA" but with a new CUSIP number. Shareholders do not need to take any action as the changes will be reflected in their accounts automatically. The press release also includes forward-looking statements and a disclaimer regarding the risks associated with future expectations.

Potential Positives

  • The reverse stock split is a strategic move to comply with Nasdaq's minimum bid price requirement, which helps maintain the company's listing status on a major stock exchange.
  • The reduction in outstanding shares from approximately 27 million to about 2.7 million could enhance the perceived market value of each share, potentially attracting more investor interest.
  • The move will result in the company's shares trading under a new CUSIP number, emphasizing a fresh start for the stock and its value after the split.

Potential Negatives

  • The announcement of a reverse stock split indicates that the company's share price is below the minimum requirement for maintaining its listing on The Nasdaq Capital Market, which may signal financial distress or market underperformance.
  • A reverse stock split often raises concerns among investors about the company's stability and value, as it can be perceived as a tactic to artificially inflate the share price rather than reflecting true growth or improvement.
  • The company's need to undertake a reverse stock split to retain its Nasdaq listing may diminish investor confidence and could lead to further scrutiny from shareholders and analysts.

FAQ

What is the purpose of Baiya International Group's reverse stock split?

The reverse stock split is aimed at meeting the minimum $1.00 per share bid requirement for Nasdaq listing.

When will the reverse stock split take effect?

The reverse stock split will be effective on July 10, 2026, at 04:01 p.m. ET.

How many ordinary shares will be outstanding after the split?

The number of outstanding Ordinary Shares will be reduced to approximately 2,699,211 shares following the split.

Will shareholders need to take action for the reverse stock split?

No action is required from shareholders; changes will be reflected in their accounts automatically.

What is the new CUSIP number for the Ordinary Shares?

The new CUSIP number for the Ordinary Shares will be G07064 127 after the reverse stock split.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


EARLY ACCESS
Receive BIYA Data Alerts
Real-time alerts on filings, insider trades, and market signals — before everyone else.
Get Alerts →

$BIYA Hedge Fund Activity

We have seen 1 institutional investors add shares of $BIYA stock to their portfolio, and 1 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

Full Release

Shenzhen, P.R. China, July 08, 2026 (GLOBE NEWSWIRE) -- Baiya International Group Inc. (NASDAQ: BIYA; the “Company” or “BIYA”), a human resource technology company utilizing its cloud-based internet platform to provide one-stop crowdsourcing recruitment and SaaS-enabled HR solutions is reporting that its board of directors has approved a reverse stock split (the “Reverse Stock Split”) of the Company’s class A ordinary shares, a par value of US$0.0025 each (the “Ordinary Shares”), at a ratio of 1-for-10, with a post- Reverse Stock Split par value of US$0.025.

The Company is undertaking the Reverse Stock Split with the objective of meeting the minimum $1.00 per Ordinary Share bid requirement for maintaining the listing of the Ordinary Shares on The Nasdaq Capital Market.

The Reverse Stock Split will be effective at 04:01 p.m. (ET) on Friday, July 10, 2026 (the “Record Date”) and the Ordinary Shares will begin trading on a split-adjusted basis when the Nasdaq Stock Market LLC opens for trading on Monday, July 13, 2026. The Ordinary Shares will continue to trade on The Nasdaq Capital Market under the trading symbol “BIYA” but will trade under the following new CUSIP number: G07064 127.

The number of the Company’s pre-Reverse Stock Split outstanding shares is 26,992,110 Ordinary Shares. As a result of the Reverse Stock Split, every 10 Ordinary Shares held as of the Record Date will be automatically combined into one Ordinary Share. The number of outstanding Ordinary Shares will be reduced from 26,992,110 Ordinary Shares to approximately 2,699,211 Ordinary Shares. No fractional shares will be created or issued in connection with the  Reverse Stock Split. The  Reverse Stock Split will affect all holders of Ordinary Shares uniformly.

Shareholders with Ordinary Shares held in book-entry form or through a bank, broker, or other nominee are not required to take any action and will see the impact of the Reverse Stock Split reflected in their accounts on or after July 13, 2026. Such beneficial holders may contact their bank, broker, or nominee for more information.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The forward-looking statements can be also identified by terminology such as “may,” “might,” “could,” “will,” “aims,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements.

These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. These statements are not guarantees of future performance and are subject to a number of risks. The reader should not place undue reliance on these forward-looking statements, as there can be no assurances that the plans, initiatives or expectations upon which they are based will occur. A detailed discussion of factors that could cause or contribute to such differences and other risks that affect our business is included in filings we make with the Commission from time to time, including our most recent report on Form 20-F, particularly under the heading “Risk Factors”.

For investor and media inquiries, please contact:

Baiya International Group Inc.

Investor Relations Department

Phone: +1 838 900-8888
Email: info@biyainc.com


Investor Relations Inquiries:

Ascent Investor Relations LLC

Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com


Read full article here »

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE: