PTL LTD. DL

PTL Limited has signed an agreement to acquire Twocap Limited for US$100,000 in cash. Its wholly owned subsidiary Sisworld Credit One holds a money‑lender licence in Hong Kong, and PTL intends to complete the acquisition within 30 business days, no later than April 7. Upon completion, Twocap will be consolidated and used as a platform for financial services such as trade finance, receivables financing and factoring. The purchase price will be paid from existing working capital and does not meet the materiality thresholds under Rule 3‑05. » Plus sur de.investing.com

PTL Limited is implementing a 1-for-80 reverse split of its Class A and Class B common stock; consolidated trading of the Class A shares will begin on February 27, 2026, on the Nasdaq Capital Market under the ticker PTLE with new CUSIP G7377S127. The measure aims to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain the listing. After the consolidation, the number of outstanding shares will be reduced to 6,140,469 Class A shares and 140,625 Class B shares; fractional shares will be rounded up. PTL, a Hong Kong–based bunkering services provider, shows a current ratio of 2.94, minimal indebtedness, but a low gross margin of 1.99% on $91.42 million in revenue over the last twelve months, according to InvestingPro. » Plus sur de.investing.com

NASDAQ has granted PTL an additional 180 days to regain the minimum $1.00 per share requirement for at least ten consecutive trading days. PTL shares currently trade at $0.11 with a market capitalization of about $27 million; the stock fell 96.64% over the past year. The company is considering measures such as a reverse stock split; if PTL does not meet the requirement, it faces delisting, which it can appeal. » Plus sur de.investing.com