Business Context and Reporting Period
Park Ha Biological Technology Co., Ltd. filed this Form 6-K on February 13, 2026, to disclose details regarding a proposed 1-for-50 reverse stock split of its Class A and Class B ordinary shares. The split was approved by shareholders on December 26, 2025, and by the Board of Directors on January 29, 2026.
Key Financial Metrics
This filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on capital structure changes.
Material Changes
The primary material change is the reduction of outstanding share count due to the reverse stock split. Pre-split, the company had 104,768,362 ordinary shares outstanding. Post-split, the count is expected to be 2,095,368 ordinary shares. This adjustment follows a best-efforts follow-on public offering that closed on January 28, 2026, and subsequent cashless warrant exercises.
| Share Class | Pre-Split Count | Post-Split Count | Par Value (Pre) | Par Value (Post) |
|---|---|---|---|---|
| Class A Ordinary | 85,718,362 | 1,714,368 | $0.00002 | $0.001 |
| Class B Ordinary | 19,050,000 | 381,000 | $0.00002 | $0.001 |
Guidance, Outlook, and Risks
The Company expects the reverse split to become effective on February 20, 2026, subject to Nasdaq Operations notice requirements. Trading is expected to begin on a split-adjusted basis at the market open on that date. No fractional shares will be issued; all fractional shares will be rounded up to the nearest whole share. The filing states no other material changes to security terms are anticipated.
Investor Verification Checklist
- Confirm the effective date of the reverse split (expected February 20, 2026) and the start of split-adjusted trading.
- Verify the updated share count of 2,095,368 total ordinary shares (1,714,368 Class A and 381,000 Class B).
- Note the change in par value from $0.00002 to $0.001 per share.
- Review the impact of the rounding up of fractional shares on total share count.
- Check for any subsequent Nasdaq communications regarding the satisfaction of listing requirements.