Ridgetech, Inc. Ordinary Share Consolidation

Ridgetech, Inc. has completed a 1-for-150 reverse share split, effective April 7, 2026. This consolidation reduces the number of issued and outstanding ordinary shares from approximately 134,835,960 to 898,918. The par value of each ordinary share has been adjusted from US$0.001 to US$0.15. The company also updated its authorized share capital to reflect this change. The New Ordinary Shares began trading on a split-adjusted basis on The Nasdaq Capital Market on April 8, 2026, under the symbol "RDGT" with a new CUSIP number. Adjustments were made to outstanding warrants and equity-based awards to reflect the reverse stock split. The company has also adopted its Fifth Amended and Restated Memorandum and Articles of Association to reflect the share consolidation.