Skycorp Solar Group Limited (NASDAQ: PN) announced a 1‑for‑20 reverse share split that will take effect on April 13 2026. The board approved the split on March 30 2026, and the announcement was issued on April 8 2026. The split will combine every twenty shares into one post‑split share, reducing the total number of Class A Ordinary Shares from 25,735,000 to approximately 1,286,750. Fractional shares will be rounded up to the nearest whole share, and the company will trade under the symbol “PN” on the Nasdaq Capital Market at the split‑adjusted basis.
Continue reading for full analysis...