Monitor the post-split stock price over the next 10-30 trading days for sustained trading above $1.00 to confirm regained compliance. A failure to maintain the bid price could trigger delisting proceedings, while success may provide temporary relief. High volatility and low liquidity post-split are risks.
Price Chart
Executive Summary
Li Bang International effectuated a 1-for-200 reverse share consolidation on August 3, 2026 to regain compliance with Nasdaq's minimum bid price requirement, reducing outstanding Class A shares from ~119.6 million to ~598,000. The action signals the stock was trading below the $1.00 threshold, highlighting ongoing delisting risk despite the mechanical reduction in share count.
Key Facts
- 1-for-200 reverse stock split effective August 3, 2026
- Pre-split Class A shares: 119,643,455; post-split: ~598,218
- Split implemented proactively for Nasdaq minimum bid price compliance (Rule 5550(a)(2))
- Ticker 'LBGJ' unchanged; new CUSIP G5480M128
- Authorized capital unchanged at USD 35,000; par value increased from $0.00001 to $0.002 per share
Financial Impact
Reverse split mechanically reduced share count by 200:1; no fundamental change in market cap or enterprise value; immediate compliance risk mitigation for Nasdaq listing
Risk Factors
- Stock price may not sustain above $1.00 post-split, leading to delisting
- Extreme dilution from any future equity issuance under the existing F-3 shelf registration
- Low float (~598K Class A shares) could lead to erratic price moves
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001493152-26-036118 |
| Exhibit: ex3-1.htm | 0001493152-26-036118 |
| Exhibit: ex99-1.htm | 0001493152-26-036118 |
| Document: 0001493152-26-036118-index-headers.html | 0001493152-26-036118 |
| Document: 0001493152-26-036118-index.html | 0001493152-26-036118 |
| Document: 0001493152-26-036118.txt | 0001493152-26-036118 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 9, 2026 17d ago | 6-K | $1.55 | awaiting T+60 | — | $1.45 (+6.15%) |
Sep 25, 2026 4w ago | 6-K | $2.00 | awaiting T+60 | — | $1.45 (+27.50%) |
Sep 2, 2026 7w ago | 6-K | $2.30 | awaiting T+60 | — | $1.45 (+36.96%) |
Aug 19, 2026 9w ago | Insider Cluster | $3.12 | awaiting T+60 | — | $1.45 (−53.53%) |
Aug 5, 2026 11w ago | 6-K | $3.54 | awaiting T+60 | — | $1.45 (+59.04%) |
Jul 28, 2026 12w ago | 3 | $0.0300 $0.008300 | ▼ −72.50% | ▼ −76.85% | $1.45 (+4733.33%) |
Jun 12, 2026 19w ago | 6-K | $1.19 $0.0106 | ▲ +99.11% | ▲ +101.89% | $1.45 (−21.85%) |
Jun 12, 2026 19w ago | 424B5 | $1.19 $0.0106 | ▲ +99.11% | ▲ +101.89% | $1.45 (−21.85%) |
Jun 9, 2026 20w ago | 6-K | $1.22 $0.0115 | ▼ −99.06% | ▼ −103.96% | $1.45 (+18.85%) |
May 13, 2026 23w ago | 6-K | $161.80 $3.36 | ▲ +97.92% | ▲ +102.36% | $1.45 (+99.10%) |
US Market Status
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