Antelope Enterprise Holdings (NASDAQ:AEHL) said on March 3, 2026 that its board has authorized a 1-for-6 reverse stock split of the company’s Class A ordinary shares.
As a result of the consolidation, the number of shares outstanding will decrease from 7,344,694 to approximately 1,224,116. The company’s shares will continue trading on the Nasdaq Capital Market under the ticker BIYA, although they will carry a new CUSIP number. Under the reverse split, every six existing shares will be automatically combined into one share.
The reverse split is scheduled to take effect at 4:01 p.m. Eastern Time on March 4, 2026, with trading on a split-adjusted basis beginning March 5, 2026. The action will apply uniformly to all shareholders, and no fractional shares will be issued.
Investors holding shares in book-entry form or through brokerage accounts are not required to take any action. Reverse stock splits are typically implemented to streamline a company’s capital structure and may help support compliance with Nasdaq listing standards, as well as improve overall share marketability.
More about Antelope Enterprise Holdings
Antelope Enterprise Holdings Limited, which trades on Nasdaq under the symbol BIYA, is the majority owner of Kylin Cloud, a China-based livestreaming e-commerce platform. The company operates within the digital retail and social commerce sectors, targeting China’s expanding online consumer market through livestream-driven sales channels.