Zeta Network Group (Nasdaq: ZNB) began trading on a split-adjusted basis Monday, July 27, 2026, following an 8-for-1 reverse stock split effective at the opening of trading. The explicit purpose, stated in the company's July 27 news release on PR Newswire, is to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) — the exchange's $1.00 minimum bid price requirement.
This is the second reverse split ZNB has executed in 2026. On March 12, 2026, the company enacted a 100-for-1 consolidation, also cited in SEC filings as a measure to regain compliance with the same Nasdaq rule. The board approved the current 8-for-1 action on July 1, 2026; shareholders ratified it on July 23, 2026.
Under the mechanics disclosed via StockTitan, every 8 Class A ordinary shares automatically combined into 1 share, with no action required by shareholders. No fractional shares are being issued; any fractional entitlement rounds up to 1 whole share. The company's ticker symbol remains ZNB, but the shares now trade under a new CUSIP number, G2287A159.
Per the StockTitan release, authorized share capital stays at US$32,000,000 but is reconfigured: Class A shares drop from 11.2 billion authorized at par US$0.0025 to 1.4 billion authorized at par US$0.02, and Class B shares move from 1.6 billion at par US$0.0025 to 200 million at par US$0.02. Post-split, Zeta expects approximately 969,859 Class A shares and 1 Class B share outstanding.
The pre-split share price of $0.73 and a pre-split market capitalization of $933,270 were reported by Robinhood ahead of Monday's open. GuruFocus separately reported the company's market cap at $0.47 million, characterizing ZNB as a micro-cap. The stock's 52-week range, per Robinhood, runs from a low of $0.52 to a high of $2,625.00 — the upper end reflecting pre-split pricing from an earlier period. Pre-split trading volume reached 8.82 million shares, against an average volume of 248,130 shares, per Robinhood.
On the financial side, TickerReport cited revenue of $8.45 million for the quarter ended June 18, 2026, alongside earnings per share of ($85.16) for the same period.
Zeta Network Group describes itself, per MarketScreener, as a digital infrastructure and financial technology company focused on the convergence of traditional finance and the digital asset economy. Its stated platform integrates digital asset treasury management, Bitcoin liquidity aggregation, and Bitcoin mining operations within a regulated Nasdaq framework.
No executive quote was included in the company's primary news release on PR Newswire.
The company has not disclosed a timeline for Nasdaq's formal compliance determination following the split. What is confirmed: ZNB trades split-adjusted on the Nasdaq Capital Market as of July 27, 2026, under the same symbol with the new CUSIP. This is the company's second compliance-driven consolidation in roughly four months — a 100-for-1 split in March 2026 followed by an 8-for-1 split in July 2026, both targeting Nasdaq Marketplace Rule 5550(a)(2), per the company's PR Newswire release and SEC filings.