From GlobeNewswire: 2025-06-13 17:00:00

KULR Technology Group, Inc. announced a 1-for-8 reverse stock split of its outstanding common stock, effective June 23, 2025, on the NYSE-American Market. The decision aims to optimize market dynamics, broaden investor appeal, and align trading conditions with investor interests. CEO Michael Mo stated the split will attract institutional participation and long-term shareholder value, especially ahead of potential inclusion in the Russell 3000® Index. The reverse stock split will reduce outstanding shares from 300 million to less than 40 million, with Vstock Transfer serving as the exchange agent. Stockholders need not take action if shares are held in book-entry form.

KULR Technology Group Inc. is a Bitcoin First Company providing energy storage solutions for space, aerospace, and defense. The company has included bitcoin as a primary asset in its treasury program since late 2024. Forward-looking statements in this release involve risks and uncertainties, with actual results potentially differing from those implied. Investor Relations can be contacted at 858-866-8478 x 847 or via email at [email protected]. For Media Relations, contact M Group Strategic Communications at [email protected].



Read more at GlobeNewswire: KULR to Consolidate Shares as Part of Broader Market