HWH International Announces 1-for-5 Reverse Stock Split

The company’s share consolidation takes effect February 24, with a new CUSIP number assigned.

February 21, 2025

Reverse Stock Split Takes Effect Next Week

HWH International is moving forward with a 1-for-5 reverse stock split, set to take effect when markets open on February 24, 2025. This adjustment consolidates shares, reducing the total number outstanding while maintaining the company’s listing on the Nasdaq Capital Market.

The Delaware-based company filed an amendment on February 18, 2025, finalizing the change. After the split, every five shares of common stock will combine into one, with the stock’s par value holding steady at $0.0001 per share. Fractional shares won’t be issued. Instead, shareholders entitled to partial shares will receive a cash payment based on the closing price on the effective date.

New CUSIP Number Assigned

Along with the reverse split, HWH International’s common stock will receive a new CUSIP number: 44852G309. The company confirmed the timeline in a press release on February 20, 2025.

Investor Impact and Market Considerations

Reverse stock splits are a common strategy for companies adjusting their stock price levels and meeting exchange listing requirements. With the change going into effect next week, investors will be watching to see how the stock trades under the new structure.