GIBO Holdings announces 200-for-1 share consolidation effective Aug 20

HONG KONG - GIBO Holdings Limited (NASDAQ:GIBO), an AIGC animation streaming platform with a market capitalization of $28.47 million, announced Friday that its previously approved 200-for-1 share consolidation will take effect on August 20, 2025. The move comes as the company’s stock has declined nearly 100% over the past year, according to InvestingPro data.

The consolidation, which shareholders approved at an extraordinary general meeting on August 6, will apply to both Class A and Class B ordinary shares. Every 200 shares with a par value of US$0.000001 each will be consolidated into one share with a par value of US$0.0002.

When trading opens on August 20, GIBO’s Class A ordinary shares will trade on the Nasdaq Global Market on a split-adjusted basis with a new CUSIP number, G38617125.

The consolidation will proportionately reduce the number of Class A ordinary shares issuable upon exercise of the company’s warrants and increase their exercise prices. No fractional shares will be issued, with entitlements rounded up to the nearest whole share.

Registered shareholders are not required to take any action to receive post-consolidated shares. Those owning shares through brokers, banks or other nominees will have their positions automatically adjusted.

GIBO, which reports having approximately 86 million registered users, anticipates that the share consolidation will increase the market price per share of its Class A ordinary shares.

The information in this article is based on a company press release.

In other recent news, GIBO Holdings Ltd. has completed a trial of its GIBO Click system on CoolShort, a new global short-drama platform. This trial focused on audience analytics and adaptive monetization strategies. Additionally, GIBO Holdings has successfully tested its GIBO Click multi-currency settlement and analytics engine on the DramaFlow platform, enhancing its monetization capabilities across various regions. The company also introduced SparkRWA, a platform designed to tokenize intellectual property and verify real-world assets in the creative sector. This initiative aims to protect and monetize digital assets for creators in the entertainment industry.

GIBO Holdings is facing a potential delisting from Nasdaq due to its share price falling below the required minimum bid price of $1.00 per share for ten consecutive trading days. In a move to advance its content creation capabilities, GIBO has integrated its inspirAI technology into short drama production, collaborating with HoneyReels to enhance storytelling in both anime-style and live-action formats. HoneyReels has seen significant growth, releasing over 1,000 titles and achieving more than 5 billion views globally. These developments highlight GIBO’s continued efforts to innovate and expand its presence in the digital content landscape.

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