Jin Medical said its board approved a 1-for-20 share consolidation of its authorized and issued ordinary shares. The consolidation is scheduled to take effect on March 16, 2026 at 09:00 a.m. ET. The Class A shares will continue trading on Nasdaq under the symbol ZJYL and will trade on a consolidation-adjusted basis from March 16. Jin Medical said the new CUSIP for the Class A shares after the consolidation will be G5140V120. The company said the consolidation will reduce Class A shares outstanding to 6.83 million and Class B shares outstanding to 1 million.
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. Jin Medical International Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603111930PR_NEWS_USPR_____CN07950) on March 11, 2026, and is solely responsible for the information contained therein.
Comments