---
title: "BGM Group shareholders approve share consolidation plan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292528660.md"
description: "BGM Group shareholders approved a reverse stock split at an extraordinary general meeting on July 9, 2026. The board is authorized to set the consolidation ratio within an approved range and implement related actions, including share capital increase, new articles adoption, and reorganization. This authority remains valid for three years from the meeting's conclusion."
datetime: "2026-07-13T20:31:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292528660.md)
  - [en](https://longbridge.com/en/news/292528660.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292528660.md)
generator: "portal-rs"
---

# BGM Group shareholders approve share consolidation plan

-   BGM Group shareholders backed a reverse stock split, authorizing the board to set the consolidation ratio within an approved range. \* The mandate also covers a post-consolidation share capital increase, adoption of new articles, and a related share capital reduction and reorganization. \* The extraordinary general meeting was held July 9, 2026, with 245,400,111 shares represented out of 400,623,358 outstanding. \* The board’s authority to implement the actions runs for three years from the meeting’s conclusion. 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. BGM Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-083125), on July 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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