Shares of Ostin Technology Group Co., Ltd. (NASDAQ:OST) fell 10% after the Chinese manufacturer of display modules and polarizers announced a 1-for-25 reverse stock split set to take effect on August 5, 2025. Despite the adjustment, the company’s stock will continue trading under its current ticker symbol, “OST.”
Approved by shareholders during a special meeting on July 17, the reverse split will consolidate every 25 existing Class A ordinary shares into a single share, reducing the total number of outstanding Class A shares from approximately 132.43 million to around 5.29 million.
In tandem with the reverse split, Ostin will amend its Memorandum of Association to decrease its authorized share count proportionally and revise the par value of each post-split share to $0.025. The company also noted that shares will trade under a new CUSIP number, G67927122, following the adjustment.
Reverse splits are often employed by companies seeking to boost their stock price, particularly when aiming to remain compliant with exchange listing standards or to improve appeal to institutional investors who may have minimum price criteria.
Ostin’s move comes amid efforts to reposition its capital structure and maintain its visibility in the public markets.
Ostin Technology Group stock price
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