Huachen AI Parking Announces 1-for-20 Reverse Stock Split Effective Oct. 23, 2026
Bitget2026/10/21 12:03- Huachen AI Parking will implement a 1-for-20 reverse stock split of Class A and Class B ordinary shares effective October 23, 2026.
- Class A ordinary shares will begin split-adjusted trading on the Nasdaq Capital Market on October 23 under the existing ticker HCAI.
- Outstanding Class A ordinary shares will fall from 10,379,942 to approximately 518,997.
- Outstanding Class B ordinary shares will decline from 533,334 to 26,667, subject to rounding up fractional shares.
- The reverse split aims to help regain compliance with Nasdaq's minimum bid price requirement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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