Zhongchao Inc. Announces 1-for-2 Share Consolidation
Zhongchao Inc. will effect a 1-for-2 share consolidation of its ordinary shares, effective at the open on October 2, 2026, with trading continuing on Nasdaq under ticker ZCMD. The stated objective of the consolidation is to maintain the company's Nasdaq Capital Market listing — a clear signal of listing-compliance pressure, likely the $1.00 minimum bid price rule.
Key figures
- Effective date
- 2026-10-02
- Reverse split ratio
- 1-for-2
- Class a shares after
- 4333378
- Class b shares after
- 103361
- Class a shares before
- 8666755
- Class b shares before
- 206721
AI analysis
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