Summary of Major Announcement

Elvictor Group Inc. (OTC: ELVG), a leader in maritime recruitment and crew management, has announced a significant corporate action: a 1-for-500 reverse stock split of its common stock, approved by both its Board of Directors and stockholders holding approximately 90.3% of the Company’s voting power. The reverse split is scheduled to become effective following regulatory approvals, including filings with the State of Nevada and FINRA.

Key Points Investors Must Know

• Reverse Stock Split Ratio: The split will be at a 1-for-500 ratio. Each 500 shares of issued and outstanding common stock will be combined into one share. This will reduce the number of outstanding shares from approximately 414.4 million to about 0.83 million.
• Shareholder Approval: The split was approved by written consent, with about 90.3% of voting power in favor. No shareholder meeting will be required.
• Trading Symbol Change: The Company’s trading symbol (ELVG) will remain unchanged, but a “D” will be temporarily added as the fifth character on OTC markets for 20 business days to signal the capital change. March 17, 2026, is the first business day with the “D”, and April 14, 2026, is the last.
• No Fractional Shares: Fractional shares resulting from the split will be rounded up to the nearest whole share.
• Authorized Shares: The number of authorized shares will remain unchanged.
• Intended Outcome: Elvictor expects the reverse stock split will result in a higher per-share trading price and support its planned strategy to uplist to a national securities exchange.
• CEO Commentary: CEO Konstantinos S. Galanakis stated the split is a “key step in our strategy to satisfy the quantitative listing requirements of a national securities exchange,” positioning the Company for broader investor interest as it executes its growth plan.

Potential Impact on Share Price

The reverse stock split is a material event likely to affect ELVG’s share price. By drastically reducing the number of shares outstanding, the Company aims to increase the per-share price, which may make the stock more attractive to institutional and retail investors and satisfy requirements for listing on a national securities exchange. Such actions are often perceived favorably if the Company is pursuing growth and expansion, but may also signal risk if done to avoid delisting or improve optics without fundamental improvement.

Investors should monitor trading activity as the reverse split becomes effective, especially during the 20-day window when the “D” identifier is added to the ticker symbol, which can affect liquidity and perception in the OTC markets.

Company Background and Strategy

Elvictor Group is transforming the maritime industry with its fully digitalized crew and ship management platform, designed to boost operational efficiency and reduce costs. The Company has a strategic focus on AI-driven workforce solutions, M&A-driven expansion, and cost-efficient vessel ownership. This reverse split is intended to support their growth plans and attract a wider range of investors.

For further information, investors may visit Elvictor Group’s website or follow their LinkedIn page. Investor relations contact is Jonathan Paterson at [email protected] or Tel +1 475 477 9401.

Cautionary Note on Forward-Looking Statements

Some statements in Elvictor’s announcement are forward-looking and subject to risks and uncertainties. Factors such as economic conditions, market developments, catastrophic events, and changes in capital markets may cause actual results to differ materially. The Company makes no guarantees on the accuracy or updated status of these statements and accepts no liability for actions taken based on this information.

Disclaimer

The information provided herein is for general informational purposes only and does not constitute investment advice. Investors must conduct their own research and consult with financial advisors before making any investment decisions. The author and publisher accept no responsibility for actions taken based on this article.

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