GMEX Robotics Corporation Share Consolidation

2026-04-28SEC Filing 6-K (0001493152-26-019391)

GMEX Robotics Corporation announced a share consolidation, effective May 1, 2026. Class A ordinary shares will consolidate at a 1-for-7 ratio, and Class B ordinary shares at a 1-for-28 ratio. The par value per share will be US$0.0896 post-consolidation. This action, approved by the board of directors, does not require shareholder approval. Following the consolidation, the number of outstanding Class A shares will decrease from 6,007,099 to 858,157, and Class B shares from 201,250 to 7,188. The company is authorized to issue up to 22,321,429 shares post-consolidation. The Class A shares will continue trading on Nasdaq under the symbol "GMEX" with a new CUSIP number. The company views this as a strategic move to optimize its capital structure and enhance its market profile for future growth initiatives.

Ticker mentioned:FTEL