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BGM Group Ltd.
BGM Group Ltd. has finalized a 1-for-30 reverse stock split. Effective October 1, 2026, the number of outstanding Class A ordinary shares will be reduced from 380,623,358 to 12,687,445, and trading will continue on the Nasdaq under the same ticker symbol.…more
BGM Group Ltd.
BGM Group Ltd. announced that all resolutions presented at the Extraordinary General Meeting held on September 5, 2026, were duly passed. A total of 273,457,527 ordinary shares were represented at the meeting, out of 400,623,358 shares issued and outstanding as of the August 6, 2026 record date.…more
BGM Group Ltd.
BGM Group Ltd reported net revenue of $24.3 million for the first half of fiscal year 2026, a 70% increase year-over-year, while net loss attributable to shareholders widened by 144% to $2.1 million from $0.9 million in the same period last year. The company completed several acquisitions to expand its AI and biopharmaceutical businesses and noted that future growth plans remain heavily dependent on securing additional equity or debt financing.…more
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