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# After Buying an AI Firm, Zenta Wants a Reverse Split It Can Run Without Another Vote
- URL: https://www.pennystocks.news/ztg-after-buying-an-ai-firm-zenta-wants-a-reverse-split-it-c/
- Published: 2026-09-20T19:40:34.000Z
- Updated: 2026-09-20T19:40:34.000Z
- Description: Zenta Group paid HKD 10 million and issued roughly 12.3 million new shares to acquire ZentoAI. Now shareholders must decide whether to approve a 12-for-1 consolidation — and give the board pre-approved authority for a 20-for-1 it can trigger on its own.
- Author: PennyStocksNews Team
- Tags: nasdaq, ticker-ztg

Last week Zenta Group roughly doubled its share count to buy an AI company. This week shareholders vote on compressing those shares back down — and on giving the board authority to compress them further, without a second vote, if the price drops.

Zenta Group Company Limited NASDAQ: ZTG 

Zenta Group, a Macau consulting firm listed on Nasdaq, **completed its acquisition of 100% of ZentoAI Intelligent Technology Company Limited** on September 11, according to a 6-K filed with the SEC. The price was **HKD 10 million in cash, plus about 12.3 million new Class A ordinary shares** issued to ZentoAI's former owners. Those new shares roughly doubled the total share count, which now stands at about 24 million. The filing gives no revenue, no asset figures, and no explanation of how the deal was priced.

Shares **closed 50.83% higher at $1.8100** on September 20, on dollar volume of about $111.7 million across 251,326 trades.

A separate 6-K filed September 14 called an extraordinary general meeting for September 30\. Shareholders face two consolidation proposals.

The first would **combine every 12 existing shares into one**. A holder's proportional stake stays the same; the share count falls and the per-share price adjusts in line with the ratio. Fractional entitlements are rounded up to the next whole share.

The second proposal goes further. It would give the board **standing authority to run a separate 20-for-1 consolidation without calling another meeting**, if the share price **stays consecutively below $1 for more than eight trading days**. A yes vote on Proposal 2 is a pre-authorisation: when the trigger fires, the board acts and shareholders have no further say.

The stock closed at $1.81 on September 20 — above the $1 floor — but that is a backstop condition, not a present one. The pre-approved authority would remain on the table for as long as shareholders grant it.

The September 30 meeting will determine whether the board leaves that second trigger loaded.