Recon Technology, Ltd (RCON) Form 6-K — Aug 13, 2026
Recon Technology will effect a 1-for-200 share consolidation of its Class A Ordinary Shares at the open of business on August 18, 2026, with the shares continuing to trade on the Nasdaq Capital Market under the symbol RCON under a new CUSIP, G7415M140. The board approved the consolidation on July 1, 2026, under shareholder authority granted at the February 13, 2026 AGM permitting aggregate consolidation ratios of up to 1-for-8,000; the stated objective is to increase the per-share trading price and support the continued listing and marketability of the company's securities.
Key figures
- Shares Outstanding
- 192,644,726 Class A pre-consolidation (as of Aug 12, 2026); ~963,224 Class A post-consolidation
- New cusip
- G7415M140
- Effective date
- 2026-08-18
- Class a shares pre
- 192644726
- Reverse split ratio
- 1:200
- Class a par value pre
- US$0.0001
- Authorized class a pre
- 3000000000
- Class a par value post
- US$0.02
- Authorized class a post
- 15000000
- Class b shares unchanged
- 20000000
- Total authorized capital
- US$320,000
- Shareholder authority window
- two years after Feb 13, 2026 AGM
- Class a shares post estimated
- 963224
- Max shareholder approved consolidation ratio
- 1-for-8,000
AI analysis
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