Alpha AI Proposes Stock Split and Business Expansion to Stabilize Share Price and Enter New Markets
Alpha AI has called an extraordinary general meeting on June 30, 2026 to approve a reverse stock split and amendments to its articles of incorporation.
The reverse stock split will consolidate shares at a 10:1 ratio, reducing outstanding shares from 20,110,080 to 2,011,008 while keeping par value unchanged as a mechanism to stabilize the stock price.
The business purpose amendment adds blockchain-based virtual asset issuance and distribution, digital asset trading and custody, and token securities STO and asset securitization to explore new business opportunities.
The stock split does not affect capital and aims to enhance corporate value through price stabilization.
Short-term shareholder value impact is limited, but the success of new business initiatives will be a key factor for future stock performance.
[AI Summary]Alpha AI's reverse stock split is a par value adjustment aimed at price stabilization without capital change, while the business expansion targets long-term growth. However, past convertible bond issuances remain a potential dilution risk requiring investor vigilance.