SplitJun 30, 2026, 04:07 PM
INLIF Announces 1-for-200 Reverse Stock Split Effective July 6
AI Summary
INLIF Limited announced its Board of Directors approved a 1-for-200 share combination of all authorized and issued ordinary shares, effective for trading on Nasdaq on July 6, 2026. This action, authorized by shareholders in January, will reduce the number of outstanding Class A and Class B ordinary shares. The company believes this measure will enhance financial flexibility, support ongoing compliance with Nasdaq's listing requirements, and strengthen its long-term capital structure.
Key Highlights
- Board approved a 1-for-200 share combination (reverse stock split).
- Second Share Combination effective for Nasdaq trading on July 6, 2026.
- Authorized share capital adjusted to US$350,000.
- Class A ordinary shares outstanding reduced to 1,046,875.
- Class B ordinary shares outstanding reduced to 3,906.
- Aims to enhance financial flexibility and maintain Nasdaq listing compliance.
- New CUSIP number for Class A ordinary shares is G4808M126.
Price Impact
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