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Kun Peng International (OTCQB: KPEA) will implement a 1-for-10 reverse stock split of its $0.0001 par value common stock, effective June 2, 2026. Issued and outstanding shares will decline from 400,000,000 to about 40,000,000, and authorized shares from 1,000,000,000 to 100,000,000.
The par value will increase to $0.001, no fractional shares will be issued, and any fractions will be rounded up. KPEA will continue trading on the OTC Market under the same symbol, with a new CUSIP number 12672T 207.