Raytech Holding Launches 16-for-1 Share Consolidation

Reuters
2025.10.29 20:00
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Raytech Holding Ltd. (NASDAQ: RAY) has announced a 16-for-1 share consolidation effective November 7, 2025. This consolidation will combine every 16 ordinary shares into one, reducing the number of outstanding shares and increasing the par value per share. The move is intended to help the company comply with Nasdaq’s minimum bid price requirement.