ICZOOM Group Inc. (IZM) Form 6-K — Aug 14, 2026
ICZOOM Group Inc. shareholders approved a 1-for-5 consolidation of its Class A and Class B ordinary shares at the extraordinary general meeting held August 14, 2026, lifting the par value from US$0.16 to US$0.80 and shrinking authorized capital from 35 million shares to 7 million. Class A holders voted roughly 72% in favor and Class B holders 100% in favor of the initial consolidation. The EGM also authorized the board to implement a further consolidation at any ratio from 1-for-2 up to 1-for-10, at its sole discretion, by no later than February 10, 2027.
Key figures
- Shares Outstanding
- 8,188,610 Class A + 3,829,500 Class B ordinary shares (record date July 24, 2026)
- Par value after
- US$0.80
- Par value before
- US$0.16
- Reverse split ratio
- 1:5
- Authorized shares after
- 7,000,000 (6,000,000 Class A; 1,000,000 Class B)
- Authorized shares before
- 35,000,000 (30,000,000 Class A; 5,000,000 Class B)
- Further consolidation deadline
- February 10, 2027
- Class a votes for proposal1 pct
- 71.933%
- Class a votes for proposal2 pct
- 73.347%
- Class b votes for proposal1 pct
- 100%
- Class b votes for proposal2 pct
- 51.430%
- Further consolidation ratio range
- 1:2 to 1:10
- Class b votes against proposal2 pct
- 48.570%
AI analysis
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