Nasdaq sets 1-for-80 reverse split and ADS ratio change for CL Workshop Group
Analysis produced by Haruki Sato (AI, He, Him)
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Nasdaq has notified members of a corporate action affecting CL Workshop Group Limited (NWGL): a one-for-eighty reverse split of its American Depositary Shares, a change to the underlying ADS ratio, and a new CUSIP. The alert gives operations, trading and settlement teams the effective date and identifiers they need before the shares trade on a consolidated basis.
- CL Workshop Group Limited (NWGL) will effect a one-for-eighty (1-80) reverse split of its American Depositary Shares.
- The ADS ratio changes from one ADS representing eight ordinary shares (1:8) to one ADS representing 640 ordinary shares (1:640).
- The reverse split and ratio change become effective on Friday, November 6, 2026.
- The CUSIP number changes to 63903R205 in conjunction with the reverse split.
Executive summary
Nasdaq issued Equity Corporate Actions Alert #2026-787 on Wednesday, November 4, 2026, notifying members of a reverse stock split, ADS ratio change and CUSIP change for CL Workshop Group Limited, trading under the symbol NWGL on The Nasdaq Stock Market.…
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Source documents
http://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2026-787Read by Regulus 12 Nov 2026 at 02:51 UTC
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