Pal Group Holdings postpones stock split, charter amendment dates

Pal Group Holdings announced on August 26, 2025, a postponement of the record date and effective date for its stock split and partial amendment to its articles of incorporation. This decision follows a board of directors' resolution to modify the schedule, for which the company expressed apologies for any inconvenience caused to shareholders and related parties.

The record date for the stock split, originally set for August 31, 2025, has been shifted to September 10, 2025. Consequently, the effective date for the stock split and the partial amendment to the articles of incorporation has moved from September 1, 2025, to September 11, 2025.

The company will proceed with a two-for-one stock split of its common shares. This will increase the total number of issued shares from 92,544,000 to 185,088,000 shares. The total number of shares authorized for issuance after the split will be 691,200,000 shares.