Mint Incorporation Limited Declares a 1-for-10 Reverse Stock Split

(SeaPRwire) –   HONG KONG, May 04, 2026 — Mint Incorporation Limited (“Mint” or the “Company”, NASDAQ: MIMI), a Hong Kong-based firm with a new strategic emphasis on artificial intelligence (AI) and robotics, as well as an established provider of interior design and fit-out services, today announced the implementation of a reverse stock split for all of its issued and unissued shares. This includes the Class A and Class B ordinary shares, both with no par value, at a ratio of one (1) new share for every ten (10) existing shares (the “Reverse Stock Split”). The Company’s Board of Directors granted approval for the Reverse Stock Split on March 31, 2026.

Commencing on May 6, 2026, the Company’s Class A Ordinary Shares will trade on the Nasdaq Capital Market on a post-split basis, retaining the current ticker symbol “MIMI”. The new CUSIP number assigned to the Class A Ordinary Shares following the Reverse Stock Split will be G6146G117.

This corporate action will decrease the number of the Company’s outstanding Class A Ordinary Shares from roughly 20,512,500 to approximately 2,051,250. Each block of ten (10) existing Class A Ordinary Shares will be consolidated into a single post-Reverse Stock Split share. The Company will not issue fractional shares. Any fractional shares resulting from the consolidation will be rounded up to the nearest whole share.

Shareholders of record who hold their Ordinary Shares in book-entry form or through a bank, broker, or other nominee are not required to take any action regarding the Reverse Stock Split. Those holding physical stock certificates will typically receive book-entry shares in place of their current certificates. The Company’s transfer agent, VStock Transfer LLC, will provide detailed instructions.

The primary objective of the Reverse Stock Split is to elevate the per-share market price of the Company’s Class A Ordinary Shares to meet the $1.00 minimum bid price requirement for maintaining its listing on the Nasdaq Capital Market. Nasdaq had previously set a deadline of June 17, 2026, for the Company to regain compliance. No guarantee can be given that the Company will successfully meet this minimum bid price requirement.

About Mint Incorporation Limited

Mint Incorporation Limited (NASDAQ: MIMI), a Hong Kong-based company listed on the Nasdaq Capital Market, focuses on artificial intelligence (AI), robotics, and interior design. Via its operating subsidiary, Axonex Intelligence Limited, the Company offers intelligent robotics and facility management solutions to businesses, real estate firms, shopping centers, and government bodies. Through Matter International Limited, it also delivers professional interior design and renovation services. Mint is dedicated to advancing innovation and practical applications to improve efficiency, safety, and quality of life in various sectors.

Forward-Looking Statements

This press release contains certain forward-looking statements. These statements involve known and unknown risks and uncertainties and are founded on the Company’s current expectations and projections about future events that it believes could impact its financial condition, operational results, business strategy, and financial requirements. Investors can identify these forward-looking statements by terms such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company does not commit to publicly updating or revising any forward-looking statements to reflect subsequent events, circumstances, or changes in expectations, except as required by law. While the Company believes the expectations in these forward-looking statements are reasonable, it cannot assure you they will prove correct. The Company warns investors that actual results could differ materially from anticipated results and advises investors to examine the risk factors detailed in its filings with the U.S. Securities and Exchange Commission (the “SEC”) before making any investment decisions related to the Company’s securities.

For Media and Investor Inquiries:

Mint Incorporated Limited
Email: info@mimintinc.com
Telephone: +852 2866 1663

This article is provided by a third-party content provider. SeaPRwire (https://www.seaprwire.com/) makes no warranties or representations regarding its content.

Category: Top News, Daily News

SeaPRwire provides global press release distribution services for companies and organizations, covering more than 6,500 media outlets, 86,000 editors and journalists, and over 3.5 million end-user desktop and mobile apps. SeaPRwire supports multilingual press release distribution in English, Japanese, German, Korean, French, Russian, Indonesian, Malay, Vietnamese, Chinese, and more.