8-KFiled Jul 22, 8:00 PM ET

Singularity Future Technology Ltd. Announces 1-for-14 Reverse Stock Split

$SGLY · Singularity Future Technology Ltd.

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Singularity Future Technology Ltd. Announces 1-for-14 Reverse Stock Split

What Happened Singularity Future Technology Ltd. filed an 8-K (filed July 23, 2026) announcing that its board fixed a previously approved reverse stock split at a ratio of 1-for-14. The company filed Articles of Amendment with the Virginia State Corporation Commission on July 22, 2026; the reverse split becomes effective at 12:01 a.m. ET on July 27, 2026. Trading on The Nasdaq Capital Market on a split‑adjusted basis is expected to begin July 27, 2026, under the existing ticker SGLY with a new CUSIP (82935V406).

Key Details

  • Shareholder approval for a reverse split (options: 1-for-5, 1-for-10, or 1-for-14) occurred at the annual meeting on June 30, 2026.
  • Board selected a 1-for-14 ratio on July 7, 2026; Articles of Amendment filed July 22, 2026; effective 12:01 a.m. ET July 27, 2026.
  • Issued and outstanding shares reduced from 12,556,650 to 896,904.
  • Fractional shares will be rounded up to the nearest whole share; shareholders will receive instructions from transfer agent Transhare Corporation and should not send certificates to the company.

Why It Matters A reverse stock split reduces the number of outstanding shares and increases the per‑share price proportionally. For investors, this can affect share liquidity, per‑share metrics, and the company’s compliance with exchange listing requirements. The ticker remains SGLY and trading will be adjusted for the split starting July 27, 2026. The filing includes the Articles of Amendment as Exhibit 3.1 for full legal details.