---
title: "Creative Global Technology Announces 1-for-15 Reverse Stock Split to Restore Nasdaq Compliance"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291442389.md"
description: "Creative Global Technology Holdings Limited (CGTL) announced a 1-for-15 reverse stock split to restore Nasdaq compliance. Approved on June 16, 2026, the split consolidates shares and takes effect July 6, 2026, with adjusted trading starting July 7. Management aims to meet the $1.00 minimum bid requirement to reduce delisting risk. Despite this move, AI analyst Spark rates CGTL as Neutral due to severely weakened financial performance, including revenue collapse and deep losses."
datetime: "2026-07-01T15:57:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291442389.md)
  - [en](https://longbridge.com/en/news/291442389.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291442389.md)
---

# Creative Global Technology Announces 1-for-15 Reverse Stock Split to Restore Nasdaq Compliance

Creative Global Technology Holdings Limited ( (CGTL) ) has shared an update.

On June 16, 2026, Creative Global Technology Holdings Limited’s board approved a one-for-15 reverse stock split of its Class A and Class B ordinary shares, consolidating every 15 existing shares into one share without amending its governing charter. The move affects all outstanding ordinary shares equally and is part of the company’s capital restructuring efforts to address its trading price.

The reverse split is expected to become effective on July 6, 2026, with CGTL shares trading on a split-adjusted basis on Nasdaq from the start of trading on July 7, 2026, under a new CUSIP. Management expects the higher post-split share price to help the company regain compliance with Nasdaq’s $1.00 minimum bid requirement, a step that could reduce delisting risk and provide greater stability for shareholders and other market participants.

**Spark’s Take on CGTL Stock**

According to Spark, TipRanks’ AI Analyst, CGTL is a Neutral.

CGTL scores low primarily due to severely weakened financial performance (2025 revenue collapse, swing to deep losses, and negative operating/free cash flow). Technicals add further pressure with a clear downtrend across all major moving averages and negative momentum, while valuation is only slightly offset by the low/negative P/E being driven by losses and no dividend yield data.

To see Spark’s full report on CGTL stock,  
click here.

**More about Creative Global Technology Holdings Limited**

Creative Global Technology Holdings Limited is a foreign private issuer listed on the Nasdaq Stock Market under the ticker CGTL. The company is incorporated in the People’s Republic of China and operates out of Hong Kong, though this filing focuses on its capital markets activities rather than detailing its specific operating segments or products.

**Average Trading Volume:** 7,000,183

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** $9.52M

For an in-depth examination of CGTL stock, go to TipRanks’ Overview page.

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