BMGL to Effect Reverse Share Split on June 22, 2026
Basel Medical Group Ltd, a Singapore-based medical clinic operator listed on Nasdaq as BMGL, has announced a 1-for-12 reverse share split effective June 22, 2026. This action is aimed at ensuring compliance with Nasdaq's minimum bid price rule of $1 per share. The split will reduce the total issued shares from approximately 18.8 million to 1.56 mil…