Yunhong Green CTI to implement 1-for-10 reverse stock split on October 1

Yunhong Green CTI Ltd. (NASDAQ:YHGJ), a small-cap company with a market value of $15.28 million, announced Friday that it will implement a one-for-ten reverse stock split of its common stock, effective at 9:00 a.m. Eastern Time on October 1, 2025. The decision follows shareholder approval received on August 22, 2025, coming after the stock has declined over 50% in the past six months.

After the reverse split becomes effective, every ten shares of Yunhong Green CTI’s common stock will be consolidated into one share. The company’s common stock will continue trading under the symbol YHGJ on The Nasdaq Stock Market LLC, but will begin trading on a split-adjusted basis starting October 1. The new CUSIP number for the common stock following the split will be 98873Q209.

The reverse stock split will reduce the number of outstanding shares from 27,738,626 to approximately 2,773,862, subject to adjustment for fractional shares. No fractional shares will be issued. Instead, shareholders who would otherwise be entitled to receive fractional shares will receive a cash payment equal to their pro rata portion of the total net proceeds from the sale of aggregated fractional shares at prevailing market prices after the effective time.

The company stated that the reverse stock split will affect all shareholders uniformly and will not change any shareholder’s percentage ownership or proportionate voting power, except for minor adjustments resulting from the elimination of fractional shares. The authorized number of common shares will also be reduced in proportion to the reverse split.

This information is based on a press release statement included in Yunhong Green CTI Ltd.’s filing with the Securities and Exchange Commission.

In other recent news, Yunhong Green CTI Ltd. shareholders approved several key proposals at the company’s annual meeting. Among the decisions was the implementation of a 1-for-10 reverse stock split, which aims to consolidate the company’s shares. Additionally, five director nominees, including Yubao Li and Jana M. Schwan, were elected to serve until the 2026 annual meeting. The board also ratified the appointment of Wolf & Company, PC as auditors for the fiscal year ending December 31, 2026. In a separate development, Yunhong Green CTI made changes to its board and executive team. Darlene Chiu Bryant was appointed as an independent director, filling the vacancy left by the retirement of Douglas Bosley. These appointments and approvals mark significant governance and structural changes for the company.

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