📝 Executive Summary
OFA Group (OFAL) will execute a 1-for-10 reverse stock split of its Class A Ordinary Shares effective Tuesday, November 10, 2026. The company will also transition to a new CUSIP number, G6713S122, as part of the corporate action.
Neutral
🤖 70%
OFA Group will execute a 1-for-10 reverse split of its Class A shares effective November 10, 2026, with the CUSIP changing to G6713S122. A reverse split is price-neutral mechanically (shares and price scale by ten), but such moves by small Nasdaq-listed names are often done to meet listing standards and can signal weakness, so the direction is uncertain and the net effect modest.
Catalysts
- • 1-for-10 reverse stock split effective Tuesday, November 10, 2026
- • CUSIP number change to G6713S122
Risk Factors
- • Reverse splits by small-cap issuers are frequently associated with share-price weakness or listing maintenance
- • CUSIP change may cause brief settlement or market-maker transition frictions around November 10, 2026
▼ Show FAQ (2) ▲ Hide FAQ
What happens to my OFAL shares on November 10, 2026?
Every 10 Class A shares will be converted into 1 share, so your share count falls by 90% while the share price rises proportionally, leaving the position value unchanged. The CUSIP also changes to G6713S122.
Will the reverse split make the stock go up?
The split itself only changes the per-share price, not the company's value. Direction afterwards depends on the market's view of why the split was done.