{
  "id": 3709159,
  "title": "Ohmyhome announces 1-for-50 reverse stock split effective Sunday",
  "url": "https://urgent.news/2026/08/27/ohmyhome-announces-1-for-50-reverse-stock-split-effective-sunday",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-27T09:24:30.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/ohmyhome-announces-1for50-reverse-stock-split-effective-sunday-93CH-4878690"
  },
  "original_language": "en",
  "account": "Ohmyhome Ltd (NASDAQ: OMH) announced a 1-for-50 reverse stock split on August 31, 2026, according to its press release. The split will only affect the company's Class A and Class B ordinary shares. Beginning Sunday, the Class A shares will trade on a post-consolidation basis. Subsequently, the shares will continue to be listed on The Nasdaq Stock Market under the symbol OMH, bearing a new CUSIP number G6S38M131.\n\nPrior to the consolidation, Ohmyhome had 96,434,441 ordinary shares in circulation, comprising 95,592,901 Class A shares and 841,540 Class B shares. Following the split, every 50 shares will be combined into one, with any fractional shares rounded up to the next whole share. Consequently, after the consolidation, there will be approximately 1,911,859 Class A shares and 16,831 Class B shares outstanding.\n\nAll existing stock options, warrants, and similar rights to purchase the company's Class A ordinary shares will be adjusted proportionately. Shareholders who hold their shares through a bank, broker, or other nominee will see their shares adjusted automatically. Ohmyhome is a data and technology-driven digital marketing company that offers multi-channel marketing and content solutions to advertisers.",
  "summary": null,
  "key_points": [
    "Ohmyhome announces 1-for-50 reverse stock split effective Sunday",
    "Class A shares will trade post-consolidation, CUSIP number changes",
    "Post-split, approximately 1.9 million Class A shares and 16.8k Class B shares outstanding"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}