Ostin technology group announces update to effective date of reverse share split

Nanjing, china, dec. 24, 2024 (globe newswire) -- ostin technology group co., ltd. ("the company") (nasdaq: ost), a leading supplier of display modules and polarizers based in china, today announced an update to the effective date of its previously approved reverse share split of the company's class a ordinary shares, with the split ratio set at 1-for-10 (the “reverse share split”). the reverse share split was approved by the company's shareholders at an extraordinary general meeting held on november 25, 2024. the effective date for the reverse share split has been revised from december 26, 2024 to december 31, 2024 and the company's class a ordinary shares will begin trading on an adjusted basis, reflecting the reverse share split, on december 31, 2024, under the existing ticker symbol “ost.” the new cusip number for the company's class a ordinary shares will be g67927114.
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