Foresight News
Foresight News|Mar 09, 2026 10:13
[Crypto Treasury Company Zeta Network Group Plans 100:1 Reverse Stock Split to Maintain Listing Status] Foresight News reports that Nasdaq-listed Bitcoin treasury and digital infrastructure company Zeta Network Group (Nasdaq: ZNB) has announced that its board of directors has approved a 100:1 reverse stock split of its outstanding common stock, expected to take effect on March 12. The purpose of this reverse split is to increase the stock price to regain compliance with Nasdaq's listing requirements and maintain its listing status. After the reverse split, the total number of Zeta's Class A common shares will be reduced from approximately 158 million shares to about 1.58 million shares, with the par value per share adjusted from $0.0025 to $0.25. Zeta Network Group has now transitioned into a Bitcoin-focused financial technology company, with business operations covering digital asset treasury management, Bitcoin liquidity aggregation, and Bitcoin mining. Foresight News previously reported that Zeta Network Group completed a $231 million financing round in October 2025 to strengthen its Bitcoin treasury strategy.
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