UBUYHOLDINGS INC 8-K

What Happened

• UbuyHoldings, Inc. filed an 8-K announcing a 1-for-10 reverse stock split of its common stock and an official name change to Longevity Diversified Holdings, Inc., both approved May 4, 2026 and made effective July 2, 2026. The Nevada Secretary of State accepted the certificate of amendment on June 29, 2026.
• The company’s common stock began trading on a post-split basis on the OTC Markets at the open of trading on July 3, 2026 under the existing ticker (with a temporary “D” suffix for split activity); the ticker is expected to change to LGVT after 20 business days if available. The new CUSIP for the post-split common stock is 90347T109.

Key Details

• Reverse split ratio: 1-for-10 (every 10 pre-split shares reclassified into 1 post-split share).
• Shares outstanding reduced from 5,687,356,400 pre-split to 568,735,640 post-split.
• Fractional shares were not issued; fractional entitlements were rounded up to the next whole share at the participant level.
• Par value ($0.001) and voting rights were not changed; existing paper certificates remain valid (books and transfer agent records updated to reflect post-split amounts).
• Certificate of Amendment (name change + reverse split) filed as Exhibit 3.1 with the Secretary of State.

Why It Matters

• The reverse split reduces the company’s share count and will increase the per-share price proportionally, which can affect liquidity, market perception, and how shares trade on the OTC Markets.
• The name change and new ticker (LGVT, subject to availability) are administrative but important for investors tracking the stock; temporary “D” suffix indicates the recent split.
• Existing certificate holders do not need to exchange paper certificates; transfer agent records will reflect the new share totals.