Zeta Network Group functions as a company with a dual focus on entertainment and education. It delivers online entertainment performances and offers specialized music education programs. A key component of its business is "Color World," a comprehensive online platform. This platform provides a wide array of curricula, including topics such as music, sports, animation, painting and calligraphy, film and television, and essential life skills. Beyond its educational content, Color World also features lectures by celebrities, video recordings of celebrity concerts, exclusive merchandise, and opportunities for interactive communication with artists. Separately, the company also extends its services to include construction management consulting. Established in 2002 and based in New York, New York, the organization was formerly called Color Star Technology Co., Ltd., and is slated to adopt the name Zeta Network Group in August 2025.
ZETA NETWORK GROUP ANNOUNCES REVERSE SHARE SPLIT
Zeta Network Group announced an 8-for-1 reverse share split effective July 27, 2026, aimed at regaining compliance with Nasdaq Marketplace Rule 5550(a)(2).
The consolidation will reduce the total issued and outstanding Class A ordinary shares from approximately 7.76 million to roughly 969,859 shares, with trading continuing on the Nasdaq Capital Market under the symbol ZNB with a new CUSIP.
Par value for Class A and Class B shares will increase from $0.0025 to $0.02 per share, and fractional shares resulting from the consolidation will be rounded up to one whole share.