Forcendra Holding Limited Announces 1-for-5 Reverse Share Split

Singapore, Nov. 13, 2026 (GLOBE NEWSWIRE) -- Forcendra Holding Limited (Nasdaq: FCDH) (“Forcendra” or the “Company”) today announced that its board of directors (the “Board”) has approved a combination, or reverse share split, of the Company’s issued Class A ordinary shares of no par value each (the “Class A Ordinary Shares”) at a ratio of one-for-five (1-for-5) (the “Reverse Share Split”). The Reverse Share Split was approved by Resolution of Directors, and no further shareholder approval is required. The Reverse Share Split is expected to become effective on November 16, 2026, at 4:30 PM ET, subject to Nasdaq approval, and the Class A Ordinary Shares are expected to begin trading on the Nasdaq Capital Market on a split-adjusted basis at the market open on November 17, 2026 under the Company’s existing symbol “FCDH.” The number of issued and outstanding Class A Ordinary Shares will change from 4,562,632 shares (pre-split) to approximately 912,526 shares (post-split), subject to adjustment for the rounding of fractional entitlements. In connection with the Reverse Share Split, the Class A Ordinary Shares have been assigned a new CUSIP number, G9517U129, which has been approved and made eligible for deposit and book-entry settlement through The Depository Trust Company (“DTC”).