Singapore, October 16, 2026 / PRNewswire / -- BUUU Group Limited (Nasdaq ticker: BUUU) (hereinafter referred to as “BUUU” or “the Company”) announced today that its board of directors has approved a 10-for-1 reverse stock split of the company's common stock. This means that each existing and outstanding share of Class A and Class B common stock will be split into 10 shares of the same class (“stock split”). The Company stated that this move is intended to make Class A common stock more accessible to a wider range of investors and to enhance its trading liquidity. Once Nasdaq has completed the process, Class A common stock is expected to begin trading on the Nasdaq Capital Market at the adjusted price after the split on October 26, 2026, Eastern Time. The stock ticker will remain “BUUU”.

This share split follows closely on BUUU's completion of the acquisition of 60% of the equity in Brightray Science Inc on September 15, 2026. Through this acquisition, the company has established the industrialized AI data center as its core growth business.

Share Split Details

Key dates. Class A common shares are expected to begin trading on the NASDAQ capital market on October 26, 2026, at a price adjusted for stock splits.

Proportion and mechanism. According to the stock split, each issued Class A common share and each issued Class B common share will automatically be split into 10 shares of the same class. Therefore, for each share held by shareholders before the split, there will be 10 shares of the corresponding class after the split (i.e., an additional 9 shares per share). Class A common shares will continue to trade on the NASDAQ capital market under the code “BUUU”. After the stock split, the new code “CUSIP” for Class A common shares will become “G1739L110”.

Authorization and issued shares. With the share split, the maximum number of shares authorized to be issued by the company will increase proportionally from 500 million par value-free common shares to 5 billion par value-free common shares, including 2.5 billion Class A common shares and 2.5 billion Class B common shares.

Rights and ownership remain unchanged. The rights and restrictions attached to each class of shares remain unchanged, including 1 voting right per share of Class A common stock and 20 voting rights per share of Class B common stock; the shares resulting from the stock split will enjoy equal status in all respects. The stock split will not change the percentage of ownership or voting rights of any shareholder in the company. This split will not result in any fractional shares.

Apart from holding the physical stock certificates, no further action is required. Shareholders do not need to take any action. For shareholders who hold Class A common shares through banks, brokers, or other nominal holders, their holdings will be automatically adjusted according to the specific procedures of the nominal holders to reflect the stock split. The company's transfer agents VStock Transfer, LLC (“VStock”) will update the registered shareholders' holdings in a bookkeeping manner. Registered shareholders who hold stock certificates will be required to submit a transfer letter to VStock in order to return their certificates and exchange them for the right to hold common shares in electronic bookkeeping form after the split.

Unpaid securities. For warrants and other securities that the company has not yet exercised, converted, or settled, as well as those that can be exercised, converted, or settled into Class A common shares, the number of Class A common shares that can be issued, as well as the exercise price or other per-share terms, will be adjusted proportionally according to their respective terms.

Approve. The share split was approved by the company's board of directors on September 28, 2026.

The company will submit copies of this press release's 6-K form to the U.S. Securities and Exchange Commission ( SEC ).

About BUUU Group Limited

BUUU Group Limited (Nasdaq ticker: BUUU) has established industrialized AI data centers as its core growth business, which is operated through Brightray Science Inc, for which the company acquired a controlling stake in September 2026. BUUU also provides solutions for conferences, incentive travel, conventions, and exhibitions (MICE), including event management and stage production services for public institutions, government departments, real estate companies, and well-known brands.

Forward-looking Statements

This press release contains forward-looking statements as defined by Section 27A of the Securities Act of 1933 (as amended), Section 21E of the Securities Exchange Act of 1934 (as amended), and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can be identified by phrases such as “may”, “will”, “would”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “believe”, “potential”, “continue”, “is / are likely to”, etc. These forward-looking statements include information regarding the anticipated timing and effects of the stock split, including the date when Class A common shares are expected to begin trading at the adjusted price after the split; the expected effects of the stock split, including its impact on the accessibility and trading liquidity of Class A common shares; as well as the company's business strategy and prospects. Such statements are based on current expectations and assumptions and involve risks and uncertainties, many of which are beyond the control of BUUU and may result in significant differences between actual results and those contained in the forward-looking statements.These risks and uncertainties include, but are not limited to: delays or failures in carrying out the steps required for the stock split, including registering amendments to the company's articles of association in the British Virgin Islands, as well as the processing by NASDAQ, the depositary trust company, the company's transfer agents, and brokers; the stock split may not achieve the expected results, such as improved trading liquidity or an expansion of the investor base; the market price and trading volume of Class A common shares may not adjust proportionally after the stock split, and there may be greater fluctuations; the impact of a lower trading price per share on the company's continued compliance with NASDAQ listing requirements, including the minimum purchase price requirement; the integration of Brightray into BUUU; competition in the data center industry; demand for computing infrastructure in AI; changes in laws and regulations affecting the data center and AI computing industries, including trade and export control measures; and other risks mentioned in the documents submitted by BUUU to SEC, including its most recent 20-F annual report. Forward-looking statements are only valid as of the date of this press release, and except as required by applicable law, BUUU assumes no obligation to update any forward-looking statements.