#China #NASDAQ #Xiamen #Pop Culture Group #CPOP

Pop Culture Group Co., Ltd Implements 15-for-1 Share Consolidation

Pop Culture Group Co., Ltd (NASDAQ: CPOP), a leading company in the Chinese pop culture scene, has announced a strategic move aimed at enhancing its market presence. Effective September 14, 2026, the company will execute a 15-for-1 share consolidation of its Class A, Class B, and Class C ordinary shares, which currently hold a par value of US$0.1 each.

Understanding the Share Consolidation

The share consolidation is aimed at streamlining the company’s stock structure. Currently, Pop Culture Group has approximately 14,069,656 Class A Ordinary Shares issued and outstanding. Following the consolidation, shareholders will notice their holdings undergo a transformation where every 15 shares they own will combine into a single share. This will culminate in an estimated 937,978 Class A Ordinary Shares outstanding post-consolidation.

This transaction reflects a common financial strategy employed by companies looking to boost their share price, thereby potentially enhancing investor interest. As part of this strategic shift, the shares will continue trading under the existing symbol “CPOP” on The Nasdaq Capital Market, albeit with a new CUSIP number G71700135.

Impact on Shareholders

For shareholders holding shares through banks, brokers, or other nominees, the transition will be automatic. Any fractional shares resulting from the consolidation will be rounded up to the nearest whole share, ensuring all shareholders experience a seamless adjustment. Shareholders are encouraged to contact their brokers for more detailed guidance on how this consolidation may affect them.

About Pop Culture Group Co., Ltd

Based in Xiamen, China, Pop Culture Group Co., Ltd is dedicated to promoting Chinese pop culture both domestically and internationally. The company targets the younger audience with its initiatives, which include hosting entertainment events, creating online pop culture programs, and providing brand promotional services for corporate clients. Notably, Pop Culture Group has increasingly focused on organizing and developing its events, amplifying the cultural exchange between the East and West.

The forward-looking nature of this share consolidation positions Pop Culture Group favorably in the evolving landscape of international business and entertainment. The executive team remains confident that the consolidation will contribute to a more appealing investment scenario, reflecting the company’s commitment to growth and reinvestment into its core cultural initiatives.

Looking Ahead

This consolidation event comes amidst a broader trend in the market where companies are recalibrating their stock structures to maintain competitiveness. Investors are reminded that while Pop Culture Group’s expectations are grounded in reasonable projections, various factors could influence the outcomes. The company's management has signaled their commitment to transparency, and additional information will be provided as developments unfold.

For inquiries regarding this announcement or other investor-related questions, stakeholders are urged to reach out to the company's Investor Relations team. As Pop Culture Group moves into this new chapter, stakeholders are poised to witness a revitalization effort aimed at enriching the company’s contributions to the pop culture landscape.

For further information, visit Pop Culture Group’s website.