SplitMay 27, 2026, 04:17 PM
JIADE Ltd Announces 10:1 Share Consolidation and Capital Change
AI Summary
JIADE Ltd announced a 10:1 share consolidation, approved by its board on April 20 and May 12, 2026, and by shareholders on May 4, 2026. This action will consolidate 20,000,000 authorized ordinary shares into 2,000,000 shares. Additionally, the company will increase its authorized share capital from $50,000 divided into 2,000,000 ordinary shares to $50,000 divided into 2,000,000,000 shares with a lower par value. The Class A Ordinary Shares will trade on a post-consolidation basis on the Nasdaq Capital Market under the same symbol "JDZG" with a new CUSIP number starting June 1, 2026.
Key Highlights
- 10:1 share consolidation approved by board on April 20, May 12, 2026, and shareholders on May 4, 2026.
- 20,000,000 authorized ordinary shares will be consolidated into 2,000,000 shares.
- Authorized share capital increased from $50,000 (2,000,000 shares) to $50,000 (2,000,000,000 shares).
- Par value of Class A, Class B, and preference shares will change from $0.0025 to $0.025 post-consolidation.
- New par value for the increased authorized shares will be $0.000025 each.
- Post-consolidation trading on Nasdaq under "JDZG" with new CUSIP G7396L137 begins June 1, 2026.
- Fractional shares will be rounded up to the next whole share; no cash will be paid.
Price Impact
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