Pop Culture Group Co LtdShare consolidation is a structural change that does not alter company value; impact on stock price is neutral or ambiguous.

Pop Culture Group Co., Ltd will effect a 10-for-1 share consolidation of its Class A, Class B, and Class C ordinary shares, effective July 13, 2026. The company's Class A ordinary shares are expected to begin trading on a post-consolidation basis on the Nasdaq Capital Market under the symbol CPOP with a new CUSIP number G71700127 at the market open that day. Prior to the consolidation, 113,810,733 Class A ordinary shares were issued and outstanding, and after the consolidation approximately 11,381,074 Class A ordinary shares will be issued and outstanding, with fractional shares rounded up to the next whole share. All outstanding stock options, warrants, and other rights to purchase Class A ordinary shares will be adjusted proportionately. Shareholders holding shares through a bank, broker, or other nominee will have their shares automatically adjusted.
Pop Culture Group Co LtdShare consolidation is a structural change that does not alter company value; impact on stock price is neutral or ambiguous.