8-K: UbuyHoldings Renames to Longevity Diversified, Executes 1-for-10 Reverse Stock Split

UbuyHoldings, Inc. has officially changed its name to Longevity Diversified Holdings, Inc. and completed a 1-for-10 reverse stock split, effective July 2, 2026.

Summary

• The company, formerly known as UbuyHoldings, Inc., has officially changed its name to Longevity Diversified Holdings, Inc.
• A 1-for-10 reverse stock split was implemented, reducing the number of issued and outstanding common shares from 5,687,356,400 to 568,735,640.
• The reverse stock split became effective on July 2, 2026, with trading on a post-split basis commencing on July 3, 2026.
• The trading symbol will temporarily be UBYH for 20 days, after which it is expected to change to LGVT.
• Fractional shares resulting from the split were rounded up to the nearest whole number.
• The par value of the common stock and voting rights remain unchanged.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this filing as neutral to slightly negative due to the nature of a reverse stock split, which often follows periods of underperformance, although the name change could signal future strategic shifts.

Positives

• The name change to Longevity Diversified Holdings, Inc. may signal a strategic shift or new focus for the company.
• The reverse stock split, while reducing share count, can sometimes be a precursor to uplisting or attracting institutional investors by increasing the per-share price.

Negatives

• A reverse stock split is often implemented by companies whose stock price has fallen significantly, potentially indicating past performance issues.
• The significant reduction in outstanding shares could concentrate ownership and potentially reduce liquidity in the short term.

Risks

• The company's actual results could differ materially from any forward-looking statements due to various factors.
• There is no assurance that any projections or expectations included in forward-looking statements will materialize.

Future Outlook

The filing contains a standard safe harbor statement regarding forward-looking statements, indicating that actual results may differ materially from projections due to various risks and uncertainties. No specific future financial guidance is provided in this filing.

Management Comments

• The filing is signed by John Tan Honjian, Chairman and CEO.

Industry Context

StockSavvy.ai notes that name changes and reverse stock splits are common corporate actions, often undertaken to improve a company's stock profile, meet exchange listing requirements, or signal a strategic pivot. The effectiveness of these actions often depends on underlying business performance and market perception.

Corporate Governance

Stakeholder Impact

• Shareholders will see their number of shares reduced by a factor of 10, with the total value of their holdings theoretically remaining the same immediately post-split.
• The change in ticker symbol may require investors to update their records and could temporarily affect trading visibility.

Next Steps

• The company's common stock will trade under the temporary symbol UBYH for 20 days.
• Following the 20-day period, the ticker symbol is expected to change to LGVT, subject to availability.

Key Dates

Keywords

reverse stock split, name change, Longevity Diversified Holdings, UbuyHoldings, Nevada, common stock, corporate actions, SEC filing, Form 8-K