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CBL International to implement 1-for-13 reverse share split

CBL International (BANL) plans a 1-for-13 reverse share split effective July 20, 2026 to regain Nasdaq bid price compliance.

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British Columbia Source: Seeking Alpha

CBL International to implement 1-for-13 reverse share split
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CBL International (BANL) plans a 1-for-13 reverse share split effective July 20, 2026 to regain Nasdaq bid price compliance.

CBL International (BANL) announced on Thursday that it intends to effect a reverse share split of its Class B ordinary shares on a 1-for-13 basis. Shares of BANL slipped over 25% during pre-market trading. The company’s Class B ordinary shares CBL International (BANL) announced on Thursday that it intends to effect a reverse share split of its Class B ordinary shares on a 1-for-13 basis.

Shares of BANL slipped over 25% during pre-market trading. The company’s Class B ordinary shares

Published
Jul 16, 2026
Updated
Jul 16, 2026
Source
Seeking Alpha
Category
Business
Read time
1 min
Key facts

Key facts

SectionBusiness
Open
SourceSeeking Alpha
Open
PublishedJul 16, 2026
UpdatedJul 16, 2026

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PublishedJul 16, 2026, 5:20 AMThis story was published by BC Post.
ImportedJul 16, 2026, 6:00 AMThe item entered the BC Post source pipeline.
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Seeking Alpha Published Jul 16, 2026 Imported Jul 16, 2026
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