Global Engine Group Holding Limited Ordinary Shares
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $6.8M
- Price
- $4.22
- % Change (Daily % change from the live per-ticker quote feed.)
- +5.70%
- Volume
- 45.1K
About
Global Engine Group Holding Limited, based in Kwun Tong, Hong Kong, provides comprehensive services specializing in information and communication technology (ICT), system integration, and expert technical consulting. The company's offerings include a range of ICT solutions such as cloud platform implementation, IT system architecture, setup, and ongoing maintenance, as well as data center co-location and cloud services. It also delivers dedicated technical support, development, and outsourcing capabilities for critical infrastructure like data centers and cloud computing environments, mobile and fixed network communications, and Internet of Things (IoT) initiatives. Additionally, the firm extends its expertise to project management services. Global Engine Group caters to a diverse clientele, including telecommunications operators, providers of data center and cloud computing services, and a variety of IoT stakeholders, from solution developers and resellers to end-users. The company was established in 2021.
Quick stats
Shares outstanding1.6M
Computed float1.0M
Float / shares63.6%
Cash runway (months)5.8
Key info
SectorTechnology
IndustryInformation Technology Services
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001908705
AI Summary
AI-generated1/8
majorbearishreverse split
Global Engine Group Holding Limited Announces 1-for-10 Share Consolidation
Global Engine Group Holding (NASDAQ: GLE) will effect a 1-for-10 share consolidation of its Class A and Class B ordinary shares beginning October 8, 2026.
The stated objective is to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing, indicating the share price had fallen below the $1 minimum bid requirement.
Shares outstanding drop from about 16.06 million Class A and 4.64 million Class B to roughly 1.61 million and 464,000 respectively; the consolidation affects all shareholders uniformly and required no shareholder vote under home-country practice.
Red flags
- reverse split undertaken to cure Nasdaq minimum bid price deficiency (Rule 5550(a)(2))
- 1:10 reverse split signals listing compliance risk and potential future delisting action
- no shareholder approval sought (home country practice elected)