#United States #New York #NASDAQ #Zeta Network Group #ZNB

Zeta Network Group Announces Major Corporate Move

On March 9, 2026, Zeta Network Group, a publicly traded company listed on Nasdaq under the symbol ZNB, made a significant announcement regarding its corporate actions. In a move designed to bolster its standing within the marketplace, the company's board of directors approved a 100-for-1 reverse stock split. This decision was officially sanctioned on February 10, 2026, with the split set to take effect on March 12, 2026.

Purpose of the Reverse Stock Split

The primary objective of this reverse stock split is to ensure compliance with Nasdaq Marketplace Rule 5550(a)(2). This rule stipulates the minimum price that a stock must maintain to stay listed on the exchange, and Zeta Network Group aims to restore its standing by implementing this measure. With this consolidation, the company hopes to enhance its market perception and liquidity in the trading environment.

How Will It Work?

From the start of trading on March 12, 2026, Zeta's Class A Ordinary shares will be traded on a split-adjusted basis, under the same ticker symbol of ZNB but assigned a new CUSIP number: G2287A142. As a result of this action, every 100 outstanding Class A ordinary shares will be automatically converted into one issued and outstanding Class A ordinary share. Importantly, shareholders do not need to take any further action during this process. However, the company will not issue any fractional shares, meaning any fractional share resulting from the consolidation will be rounded and compensated by the issuance of one full share instead.

Impact on Share Capital

The consolidation will also lead to a significant adjustment in Zeta Network Group's capital structure. The total authorized share capital, previously set at USD 32 million, will transform from 11,200,000,000 Class A shares with a par value of USD 0.0025 each, into 112,000,000 shares with a par value of USD 0.25. Additionally, the total issued shares of Class A will decrease from 158,079,166 to approximately 1,580,792 shares. Meanwhile, the company's Class B shares will experience a similar reduction, changing from 480 Class B ordinary shares to 5.

About Zeta Network Group

Founded in the United States, Zeta Network Group operates at the forefront of the digital infrastructure and financial technology sectors. The company is spearheading innovations aimed at fusing traditional finance with the rapidly evolving digital asset economy. Their vision includes the creation of a Bitcoin-centric institutional finance platform, which will encompass facets such as digital asset treasury management, Bitcoin liquidity aggregation, and sustainable Bitcoin mining—all regulated under Nasdaq's frameworks.

The team's collective expertise spans the realms of finance and technology, thereby positioning Zeta Network Group as a catalyst for change in institutional digital finance. Their goal is to combine the accountability of public companies with the innovative aspects of blockchain technology, ultimately bridging traditional capital markets with decentralized finance.

As Zeta Network Group embarks on this new chapter, it remains poised to navigate the complexities of evolving financial landscapes while providing value to its shareholders and stakeholders alike. Investors interested in this noteworthy development can find additional details on Zeta's investor relations site at ir.thezetanetwork.com.

Looking Ahead

In conclusion, the company's decision to undergo a reverse stock split reflects its commitment to compliance and shareholder value. As the marketplace awaits the implementation of this consolidation, it will be intriguing to observe how it plays out in terms of Zeta's market dynamics and investor response. With innovative strategies and a robust operational model, Zeta Network Group is a company to watch in the years ahead.

• ---