BIYA Overview

Reverse Stock Split Announcement: Baiya International Group has approved a 1-for-25 reverse stock split of its class A ordinary shares, changing the par value from $0.0001 to $0.0025.

Effective Date: The reverse stock split will take effect on December 29, 2025, at 04:01 p.m. ET, with trading on a split-adjusted basis starting on December 30, 2025.

Reason for Split: The company is implementing the reverse stock split to meet Nasdaq's minimum bid requirement of $1.00 per ordinary share to maintain its listing.

Additional Information: The announcement includes references to financial information and ratings related to Baiya International Group.

U.S. Stock Market Performance: U.S. stocks showed mixed results, with the Dow slightly up by 0.03%, while the Nasdaq and S&P 500 fell by 0.23% and 0.09%, respectively. Energy shares rose by 1.1%, but consumer staples stocks declined by 0.7%.

Earnings Reports: Cummins Inc. exceeded earnings expectations for Q3, reporting adjusted earnings of $5.59 per share and quarterly sales of $8.317 billion, surpassing market estimates.

Notable Stock Movements: Baiya International Group's shares surged by 121%, while Forge Global Holdings saw a 68% increase after an acquisition announcement. Conversely, DIH Holding's shares plummeted by 64%, and ACV Auctions and Aspen Aerogels experienced significant declines.

Global Market Trends: European shares mostly fell, with the eurozone's STOXX 600 down 0.3%, while Asian markets closed higher, led by Japan's Nikkei 225, which rose by 1.34%. Additionally, U.S. employers announced a sharp increase in job cuts for October.

Snap Inc Financial Results: Snap Inc's shares rose 20.1% in pre-market trading after reporting a third-quarter loss of six cents per share, which was better than the expected loss of 12 cents, and revenue of $1.5 billion, surpassing analyst estimates.

Other Gainers: Several stocks saw significant gains in pre-market trading, including MingZhu Logistics Holdings (up 114.5%), Baiya International Group (up 64.2%), and Forge Global Holdings (up 47.2%) following news of a potential acquisition by Charles Schwab.

Notable Losers: Stocks that experienced declines included DIH Holding US (down 45.6%), ACV Auctions (down 30.1%), and e.l.f. Beauty (down 25.5%) after reporting mixed financial results or cutting sales guidance.

Market Overview: The pre-market trading session showed a mix of significant gains and losses across various stocks, reflecting varied investor reactions to earnings reports and guidance updates.