|8-K/AJan 28, 10:43 AM ET

Livento Group, Inc. 8-K/A

8-K/A · Livento Group, Inc. · Filed Jan 28, 2026

Research Summary

AI-generated summary of this filing

Updated

Livento Group Implements 1-for-20,000 Reverse Stock Split and Symbol Change

What Happened

  • Livento Group, Inc. (formerly NuGene International, Inc.) announced a one-for-20,000 reverse stock split of its common stock. The Company filed a Certificate of Amendment on May 5, 2025 to effect the reverse split, which became effective on December 30, 2025. FINRA/OTC notices show the action took effect at market open on 12/30/2025 and the Company expects its common stock to trade on a split-adjusted basis under the new symbol "LIVG" when OTC Markets opens on January 29, 2026 (after an interim symbol change).
  • The reverse split consolidates every 20,000 pre-split shares into one post-split share and does not change the authorized share count, par value, or voting rights.

Key Details

  • Reverse split ratio: 1-for-20,000 (effective December 30, 2025).
  • Pre-split shares reported: 4,339,753,594; Post-split shares reported: 216,988.
  • New CUSIP: 67052F201; prior CUSIP: 67052F102 (suspended per FINRA notice). New name: LIVENTO GROUP INC; interim symbol NUGND, final symbol expected to be LIVG after 20 business days; OTC split-adjusted trading expected Jan 29, 2026.
  • Fractional-share treatment: no fractional shares issued—fractions generally rounded up to the next whole share; exceptions: shares under the Equity Incentive Plan will have fractional results rounded down. Transfer agent Equity Stock Transfer LLC is acting as exchange agent. Registered and broker-held positions will be adjusted automatically; no action required by holders.

Why It Matters

  • For investors, the reverse split reduces the number of outstanding shares dramatically (from billions to hundreds of thousands) and will proportionally adjust each holder’s position; the Company emphasizes procedural details (CUSIP/symbol changes and rounding rules) and that voting rights, authorized shares and par value are unchanged.
  • The filing clarifies mechanics (automatic adjustments by brokers/transfer agent and rounding rules) so holders know they generally do not need to take action to receive post-split shares and can expect trading under the new symbol/cusip on the stated dates.

Documents

3 files