Corporate ActionJun 9, 2026, 09:06 AM

Li Bang International Share Reorganization Effective June 10

AI Summary

Li Bang International Corporation Inc. announced the effectiveness of a share capital reorganization and the adoption of an amended and restated memorandum of association. The reorganization, approved by shareholders on April 30, 2026, changes the company's authorized share capital from US$31,505,000 to US$35,000 and adjusts the par value of shares. These changes are anticipated to be reflected on the Nasdaq Capital Market starting June 10, 2026.

Key Highlights

Shareholders approved Share Capital Reorganization on April 30, 2026.
Authorized share capital changed from US$31,505,000 to US$35,000.
Class A ordinary shares remain 3,150,000,000.
Class B ordinary shares changed from 500,000 to 350,000,000.
Par value changed from US$0.01 to US$0.00001 per share.
Amended and Restated Memorandum of Association adopted.
Reorganization to be reflected on Nasdaq Capital Market by June 10, 2026.

View SEC Filing

LBGJ

Industrial Machinery/Components

Li Bang International Corp Inc.

Price Impact