Arb iot group limited announces 1-for-15 reverse share split

Kuala lumpur, malaysia, may 29, 2025 (globe newswire) -- arb iot group limited (nasdaq: arbb, the "company" or “arb iot”), today announced that the shareholders and the board of directors of the company approved a one-for-fifteen reverse share split of the company's issued and unissued ordinary shares (the “ordinary shares”). beginning june 2, 2025, the company's ordinary shares will be trading on a split-adjusted basis under the same symbol “arbb” but with a new cusip number, g0447t118, and a new par value of $0.0015 per share.
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