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CL Workshop Group announces 1-for-80 reverse split of its ADSs effective Nov 6, 2026.

Company Fundamentals
04 Nov 2026, 13:05 WIB
PRNewsWire
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Neutral
CL Workshop Group announces 1-for-80 reverse split of its ADSs effective Nov 6, 2026.

CL Workshop Group Limited will change the ratio of its American Depositary Shares (ADSs) from one ADS representing eight Class A shares to one ADS representing 640 Class A shares, effective November 6, 2026. This change acts as a one-for-eighty reverse split for ADS holders, while the Class A shares remain unaffected. The ADSs will continue trading under the same ticker "NWGL" on Nasdaq, with no action required from ADS holders. This move aims to adjust the ADS structure without issuing or cancelling any ordinary shares.

CL Workshop Group Limited announces an ADS ratio change. For readers following Basic Materials, here is Pluang's market snapshot as of Nov 04, 2026 18:02 WIB: 65 of 83 US stocks rose today. Notable movers include SVM at USD 8.49 (+6.79%), WPM at USD 125.36 with 100% buy orders, and CGAU at USD 20.92 (+6.68%).

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