Sangrix to Reverse Split 1-for-8 on Nasdaq
Sangrix Inc. will consolidate its Class A and Class B ordinary shares eight-to-one, with trading adjusted beginning November 16, 2026.
Updated on Nov. 12, 2026 in Stock Picks
Singapore-based SANGRIX INC. announced a 1-for-8 reverse stock split of its Class A and Class B ordinary shares. Class A shares are set to begin reverse-split-adjusted trading on the Nasdaq Capital Market on November 16, 2026, under the unchanged ticker SGRX.
Why it matters
The consolidation reduces the number of outstanding shares while proportionately increasing the per-share value, a step companies commonly take to address exchange listing requirements. The company states the split is expected to help it maintain continued Nasdaq compliance, though it gives no assurance that outcome will be achieved.
The reverse split consolidates eight Class A and eight Class B ordinary shares into one each, with the par value rising to US$0.0024 per share and the new CUSIP set at G21621142. Final post-split share counts depend on rounding of fractional shares upward and on adjustments to outstanding options, warrants and convertible instruments.
The players
SANGRIX INC.
SANGRIX INC. is a Singapore-based company whose Class A ordinary shares trade on the Nasdaq Capital Market under the symbol SGRX.
Nasdaq Capital Market
The Nasdaq Capital Market is a tier of the Nasdaq Stock Market that lists smaller companies and sets minimum listing standards that companies must continue to meet.
The details
SANGRIX will amend its Memorandum and Articles of Association to proportionately decrease authorized ordinary shares. No fractional shares will be issued, and fractions will be rounded upward to the next whole share.
Timeline
November 12, 2026: SANGRIX announces the reverse stock split.
November 16, 2026: Reverse-split-adjusted trading begins on the Nasdaq Capital Market.
Market Dynamics
Reverse splits like this one are a common tool companies use to meet the Nasdaq Capital Market's minimum bid price requirement, which obliges listed companies to keep their share price above a set threshold. The consolidation also raises the per-share price without changing the company's total equity value.
Shareholders will hold one share for every eight previously held, with the stock price expected to adjust accordingly on the reverse-split-adjusted trading date. Fractional holdings will be rounded up to the next whole share, so investors should check how the rounding affects their individual positions.
The takeaway
Investors holding SGRX should review how the 1-for-8 consolidation changes their share count and position value before trading begins on November 16, 2026. A reverse split alters the number of shares held but not the overall value of the holding on the day it takes effect.
What happens next
Reverse-split-adjusted trading of SGRX Class A ordinary shares on the Nasdaq Capital Market is scheduled to begin on November 16, 2026.
Further reading
For more on how share consolidations affect individual holdings, explore Stock Picks.
