Zhibao Technology Inc. (ZBAO) Form 6-K — Oct 2, 2026
Zhibao Technology shareholders approved all four proposals at the September 29, 2026 EGM, including a share capital increase to 2,000,000,000 authorised shares and a 1-for-50 share consolidation that takes effect if the Nasdaq closing bid falls below US$0.12 per share. The approved share consolidation of every 50 shares into one is a typical compliance measure against Nasdaq's minimum bid price rule and signals listing pressure, though it remains conditional on the trigger price being breached.
Key figures
- Shares Outstanding
- 449264625
- Egm date
- 2026-09-29
- Reverse split ratio
- 1:50
- Votes for share consolidation
- 414875825
- Authorised shares after increase
- 2000000000
- Trigger event price threshold usd
- 0.12
- Votes against share consolidation
- 3232960
- Share capital increase new class a shares
- 1500000000
AI analysis
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