Harrison Global Holdings Approves Share Repurchase Program
Ticker: BLMZF · Form: 6-K · Filed: Nov 21, 2025 · CIK: 1984014
Sentiment: neutral
Topics: share-repurchase, board-approval, reverse-stock-split
Related Tickers: BLMZ
TL;DR
Harrison Global Holdings (BLMZ) board OK'd a buyback program, kicking in post-reverse split, targeting shares under $1.
AI Summary
Harrison Global Holdings Inc. (formerly Bloomz Inc.) announced on November 19, 2025, that its Board of Directors approved a Share Repurchase Program. This program will commence after the company's recently implemented reverse stock split. The company is authorized to repurchase its ordinary shares when the market trading price is below US$1.00 per share.
Why It Matters
This move signals the company's intent to support its stock price and potentially return value to shareholders by buying back shares when they trade below a certain threshold.
Risk Assessment
Risk Level: medium — The company's stock price is currently trading below $1.00, indicating potential financial challenges or market concerns that necessitate a repurchase program.
Key Numbers
- $1.00 — Share Repurchase Price Threshold (The company will only repurchase shares when the market trading price is below this amount post-reverse split.)
Key Players & Entities
- Harrison Global Holdings Inc. (company) — Filer and subject of the report
- Bloomz Inc. (company) — Former name of Harrison Global Holdings Inc.
- November 19, 2025 (date) — Date of Board approval for Share Repurchase Program
- US$1.00 (dollar_amount) — Threshold for share repurchase
- Nasdaq: BLMZ (company) — Stock ticker symbol
FAQ
What is the primary purpose of the Share Repurchase Program announced by Harrison Global Holdings Inc.?
The Share Repurchase Program allows the company to repurchase its ordinary shares when the market trading price is below US$1.00 per share, following a reverse stock split.
When will the Share Repurchase Program take effect?
The program is set to take effect following the company's recently implemented reverse stock split.
What was Harrison Global Holdings Inc. formerly known as?
Harrison Global Holdings Inc. was formerly known as Bloomz Inc.
On what date did the Board of Directors approve the Share Repurchase Program?
The Board of Directors approved the Share Repurchase Program by written consent on November 19, 2025.
Under what condition will Harrison Global Holdings Inc. repurchase its ordinary shares?
The company may repurchase its ordinary shares only when the market trading price is below US$1.00 per share, after the reverse stock split.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on November 21, 2025 regarding Harrison Global Holdings Inc. (BLMZF).