PS International Group Announces 8-for-1 Share Consolidation Effective October 13, 2025
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PS International Group (PSIG) announced an 8-for-1 reverse stock split approved by its board on September 5, 2025, effective October 6, 2025, with trading on a split-adjusted basis starting October 13, 2025. This consolidation aims to meet Nasdaq's minimum bid price requirement. Shareholders' ownership percentages will remain largely unchanged. The latest analyst rating for PSIG is a Hold with a $0.50 price target, reflecting concerns over the company's declining revenue and profitability. PSIG specializes in logistics and supply chain solutions, with a current market cap of $12.73M.
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