Zhongchao Inc. Announces 1-for-8 Share Consolidation

Reuters02-26

Zhongchao Inc. Announces 1-for-8 Share Consolidation

Zhongchao Inc. said it will implement a 1-for-8 share consolidation of its ordinary shares, with post-consolidation trading set to begin March 2, 2026 on the Nasdaq Capital Market under the symbol ZCMD and a new CUSIP of G9897X123. The move is intended to help the company regain compliance with Nasdaq’s minimum bid price requirement, and will consolidate both Class A and Class B shares, with any fractional shares rounded up.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhongchao Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602260830PR_NEWS_USPR_____CN96485) on February 26, 2026, and is solely responsible for the information contained therein.

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