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Split Ratio
1:10
Fractional Policy
Round Up ✓
Profit Potential
$2.68+
Effective Date
TBD
Current Price
$0.32
Post-Split Price
$3.20

How This Trade Works

Here's a step-by-step breakdown of how the GLXG reverse split arbitrage works using Galaxy Payroll Group's actual numbers.

1

Buy 9 shares of GLXG

Purchase 9 shares at $0.32 each. Total cost: $2.88. You need exactly 9 shares because the split ratio is 1:10.

2

The 1:10 reverse split executes

Your 9 shares are consolidated at the 1:10 ratio. Since 9 ÷ 10 = 0.9000, you end up with a fractional share of 0.9000 post-split shares.

3

Fractional share rounds up to 1 full share

Because Galaxy Payroll Group rounds up fractional shares, your 0.9000 shares become 1 full share worth $3.20.

4

Sell for profit

Sell your 1 post-split share at $3.20. You paid $2.88 and received $3.20.

$0.32
Profit per position (11% ROI)

Risk Factors

⚠

Penny Stock Volatility

GLXG trades at $0.32 per share, classifying it as a penny stock. Penny stocks are subject to extreme price swings, low institutional coverage, and higher spreads. The share price could drop significantly between your purchase and the split execution date.

⚠

Liquidity Risk

At $0.32 per share, GLXG may have limited trading volume and wide bid-ask spreads. This can make it difficult to enter or exit your position at your desired price, potentially reducing your actual profit.

⚠

Broker Policy Changes

Brokers may change their fractional share rounding policies at any time. Always verify your broker's current policy before placing an RSA trade. What worked for previous splits may not apply to future ones.

Broker Fractional Share Policies

For GLXG's 1:10 reverse split, Robinhood rounds up fractional shares — making it the preferred broker for this trade. Other brokers cash out the fractional portion, which means you'd receive a small cash payment instead of a full share.

Robinhood Rounds Up ✓
Interactive Brokers Cash Out
TD Ameritrade Cash Out
Charles Schwab Cash Out

Frequently Asked Questions

What is the GLXG reverse stock split ratio?
Galaxy Payroll Group has announced a 1:10 reverse stock split. This means every 10 pre-split shares are consolidated into 1 post-split share, raising the per-share price from $0.32 to $3.20.
Does GLXG round up fractional shares?
Yes. Galaxy Payroll Group's fractional share policy rounds up, meaning if you hold any fractional share amount after the split, your broker will round it up to a full share. This is what creates the RSA profit opportunity.
How much profit can you make from the GLXG reverse split?
By purchasing 9 shares at $0.32 each (total cost: $2.88), the 1:10 split converts them into a fractional share that rounds up to 1 full share worth $3.20. That's a profit of $0.32 per position, or roughly 11% ROI.
Which brokers round up fractional shares for GLXG?
Robinhood rounds up fractional shares for GLXG, making it the preferred broker for this RSA trade. Interactive Brokers, TD Ameritrade, and Charles Schwab typically cash out fractional shares instead. Always verify your broker's current fractional share policy before placing a trade.
Is the GLXG reverse split still active?
Yes, the GLXG reverse split is currently active. The effective date is a date to be determined. You can still position yourself for this trade, but act quickly as the window may close soon.

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