Nuvini Group Declares 10-for-1 Reverse Stock Split; Shares Drop 37% in Premarket Trading
Reverse Stock Split Announcement: Nuvini Group Limited will implement a 10-to-1 reverse stock split on October 6, 2025, reducing its total shares from approximately 100.3 million to 10 million.
Market Reaction: Following the announcement, NVNI shares experienced a 37% decline in premarket trading on Thursday.
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Nuvini Welcomes AI Expert Phoebe Wang to Its Board of Directors
Appointment of Phoebe Wang: Nuvini Group Limited has appointed Phoebe Wang to its Board of Directors, effective November 14, 2025, bringing her extensive experience in AI and enterprise technology to the company.
Commitment to AI and Cloud Innovation: Wang's appointment aligns with Nuvini's recent partnership with Oracle, emphasizing the company's focus on integrating advanced AI and cloud capabilities to enhance its SaaS portfolio.
Strategic Goals: Nuvini aims to scale profitability and improve customer retention and operational efficiency through AI, with Wang's expertise expected to support these objectives.
Company Overview: Nuvini, headquartered in São Paulo, Brazil, is a leading acquirer of profitable B2B SaaS businesses in Latin America, focusing on creating value through strategic partnerships and operational expertise.
Nuvini Group Names Roberto Otero as CFO
New CFO Appointment: Nuvini Group Limited has appointed Roberto Otero as Chief Financial Officer, effective November 3.
Successor Details: Otero will replace Luiz Busnello, who will remain with the company as a board member after his transition from the CFO role.
Otero's Background: Prior to this appointment, Otero served as CFO of Eurofarma's International Operations, managing financial strategy and treasury across 23 countries.
Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
