IT Tech Packaging, Inc. filed an 8-K on November 11, 2026, announcing that its Board of Directors has approved a 1-for-40 reverse stock split of its common stock, with an expected effective date of November 20, 2026.

Key Highlights

  • Split ratio: The Board approved a 1-for-40 reverse stock split of common stock with a par value of $0.001 per share.
  • Effective date: The reverse stock split is expected to become effective on November 20, 2026, with split-adjusted trading expected to begin on November 23, 2026.
  • Share count reduction: Authorized shares will be reduced from 50,000,000 to 1,250,000, and issued and outstanding shares will decrease from approximately 19,965,420 to approximately 499,136.
  • No fractional shares: Any stockholder who would otherwise receive a fractional share will instead receive one whole share; no cash or other consideration will be paid for fractional shares.
  • Stated purpose: The company disclosed the reverse stock split is "primarily being effected to regain compliance with certain NYSE American continued listing standards related to the low price per share of the Company's Common Stock."
  • No stockholder vote required: Under Nevada Revised Statutes Section 78.207, the Board may effect this action without stockholder approval.

IT Tech Packaging Board Acts on NYSE American Compliance via 1-for-40 Split

According to the filing, IT Tech Packaging, Inc. (NYSE American:ITP), a manufacturer and distributor of paper products based in Baoding, China, announced that its Board of Directors has approved a 1-for-40 reverse stock split of its common stock. The reverse stock split is expected to become effective on November 20, 2026, and the company reported that shares are expected to begin trading on a split-adjusted basis on November 23, 2026, subject to NYSE American's approval, under the existing trading symbol "ITP."

The filing states that the action will be effected by filing a Certificate of Change pursuant to Nevada Revised Statutes Section 78.209 with the Secretary of State of the State of Nevada. As a result, the company disclosed that authorized common stock will be reduced from 50,000,000 shares to 1,250,000 shares, and issued and outstanding shares will decrease from approximately 19,965,420 to approximately 499,136 shares, subject to adjustment for fractional share rounding. The company stated that the par value of the common stock will not be affected by the reverse stock split.

The filing noted that each stockholder's percentage ownership interest and proportional voting power will remain unchanged after the reverse stock split, "except for minor changes and adjustments that will result from the treatment of fractional shares." Stockholders holding shares in electronic form at brokerage firms are not required to take any action, according to the filing. Those holding paper certificates may contact the company's transfer agent and registrar, Empire Stock Transfer, to receive a new certificate reflecting the split. The filing includes forward-looking statements, which the company characterized as subject to risks, uncertainties, and assumptions, and noted that it undertakes no obligation to update such statements except as required by law.

What Was Disclosed

IT Tech Packaging disclosed a Board-approved 1-for-40 reverse stock split, effective November 20, 2026, intended to regain compliance with NYSE American continued listing standards. Authorized shares will fall from 50,000,000 to 1,250,000, and outstanding shares from approximately 19,965,420 to approximately 499,136.