BIYA News & Events

Baiya International Group files to sell 30M ordinary shares for holders

Baiya International Group Inc trading halted, news pending

Baiya International Group's board of directors has approved a reverse stock split of the Company's class A ordinary shares, a par value of $0.0001 each, at a ratio of 1-for-25, with a post-Reverse Stock Split par value of $0.0025. The Company is undertaking the Reverse Stock Split with the objective of meeting the minimum $1.00 per Ordinary Share bid requirement for maintaining the listing of the Ordinary Shares on The Nasdaq Capital Market. The Reverse Stock Split will be effective at 04:01 p.m. on Monday, December 29 and the Ordinary Shares will begin trading on a split-adjusted basis when the Nasdaq Stock Market opens for trading on Tuesday, December 30. The Ordinary Shares will continue to trade on The Nasdaq Capital Market under the trading symbol "BIYA" but will trade under the following new CUSIP number: G51400151.

Baiya International Group entered into a Share Purchase Agreement with Dubai-based STARFISH TECHNOLOGY-FZE and its shareholders. Pursuant to the Agreement, BIYA will acquire 100% of Starfish and its flagship platform, UpTop.Meme, a decentralized liquidity protocol built on BNB Chain, designed to provide on-chain liquidity services for crypto-native digital assets, tokenized U.S. equities, and digital bonds, with the strategic goal of becoming the world's leading decentralized liquidity infrastructure. This acquisition represents the completion of the "first puzzle piece" in BIYA's roadmap toward a comprehensive Web3 strategy. Under the terms of the Agreement, BIYA will issue 2,320,000 newly-issued Class A ordinary shares in exchange for all of Starfish's outstanding equity. The equity transfer process has already commenced and is expected to be completed in the fourth quarter of 2025, subject to customary closing conditions. BIYA and Starfish will continue to work closely together to facilitate the closing process.