XBP Global Holdings Inc.

12/05/2025 | Press release | Distributed by Public on 12/05/2025 07:01

XBP Global Holdings, Inc. Announces 1-for-10 Reverse Stock Split (Form 8-K)

XBP Global Holdings, Inc. Announces 1-for-10 Reverse Stock Split

Irving, Texas, December 5, 2025 - XBP Global Holdings, Inc. ("XBP Global" or "the Company") (NASDAQ: XBP), a global leader in workflow automation and digital transformation, today announced that its Board of Directors has approved a 1-for-10 reverse stock split of the Company's common stock. The reverse split will become effective at 5:00 p.m. Eastern Time on December 12, 2025. The Company's common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market at market open on December 15, 2025.

The reverse stock split was previously authorized by XBP Global's stockholders at the Annual Meeting held on July 25, 2025. Following the reverse split, every ten shares of issued and outstanding common stock will automatically be combined into one share. No fractional shares will be issued in connection with the reverse stock split. Stockholders who otherwise would be entitled to receive fractional shares of common stock will be entitled to receive cash equal to the product obtained by multiplying the closing price per share of the Company's common stock as reported on the Nasdaq Capital Market as of the effective date of the reverse stock split by the fraction of one share to which such stockholder would be entitled.

Immediately following the effectiveness of the reverse split, XBP Global will have approximately 11.75 million shares of common stock issued and outstanding. Outstanding warrants, stock options, restricted stock units, and other derivative securities will be adjusted proportionately to reflect the reverse stock split, including corresponding adjustments to exercise prices and conversion ratios.

XBP Global Holdings Inc. published this content on December 05, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on December 05, 2025 at 13:01 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]