Elvictor Group Inc. (OTCID: ELVG) announced on March 18 2026 that its Board of Directors and 90.3 % of voting shareholders had approved a 1‑for‑500 reverse stock split by written consent on January 30 2026. The split will take effect for trading on March 17 2026 and will be implemented without a shareholder meeting.
The reverse split consolidates the company’s share base and raises the per‑share price toward the minimum listing requirements of national exchanges. The company’s temporary ticker symbol will change to ELVGD for 20 business days to reflect the split.
Elvictor remains unprofitable, with a negative return on equity of –10.55 % and a loss‑to‑revenue ratio that has been shrinking at 59.6 % per year. Revenue has grown at an average of 14.7 % annually, and gross margin stands at 74.83 %. Operating and profit margins are –3.17 % and –2.17 % respectively. Total assets were $1.95 million and total liabilities $1.44 million as of Q4 2025.
CEO Konstantinos S. Galanakis said that acceptance into the OTCID Basic Market validates the company’s regulatory discipline and positions it for greater visibility and access to capital. He added that the company’s European‑based operations provide stability and that the reverse split is a key step toward an uplisting to a national exchange.
The reverse split is part of Elvictor’s broader strategy to meet the quantitative listing requirements of a national exchange, improve liquidity, and attract a broader investor base. The company has not had any prior stock splits and is working to strengthen corporate governance and transparency as it moves toward uplisting.
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