---
title: "Greenland Mines announces 1-for-50 reverse stock split effective Aug. 24"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296498837.md"
description: "Greenland Mines announced a 1-for-50 reverse stock split effective August 24, 2026. The move aims to meet Nasdaq minimum bid-price compliance and reset the capital structure. Outstanding shares will decrease from approximately 158.8 million to 3.18 million. Trading will resume under ticker GRML with a new CUSIP."
datetime: "2026-08-20T13:25:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296498837.md)
  - [en](https://longbridge.com/en/news/296498837.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296498837.md)
generator: "portal-rs"
---

# Greenland Mines announces 1-for-50 reverse stock split effective Aug. 24

-   Greenland Mines will execute a 1-for-50 reverse stock split, effective 12:01 a.m. ET on Aug. 24, 2026. \* Shares are expected to trade on a post-split basis at the start of trading on Aug. 24 under ticker GRML. \* Move targets Nasdaq minimum bid-price compliance, aiming to reset the capital structure for the company’s next development stage. \* Outstanding shares are expected to drop to about 3,177,012 from about 158,850,637, subject to rounding. \* Post-split shares will carry a new CUSIP: 49876K202. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenland Mines Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608200925PRIMZONEFULLFEED9813465) on August 20, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**