Jiade said it will implement a 1-for-25 reverse stock split of its ordinary shares, effective March 23, 2026. Its Class A ordinary shares are expected to begin trading on a post-split basis at the market open that day under the symbol JDZG, with a new CUSIP G7396L129. The company said the reverse split was approved by shareholders and the board, and is intended to address Nasdaq’s minimum bid price requirement. Jiade said it expects outstanding Class A shares to fall to about 1.4 million from about 34.3 million. It also expects Class B shares to decline to about 42,082 from about 1.1 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. Jiade Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603181610PRIMZONEFULLFEED9674455) on March 18, 2026, and is solely responsible for the information contained therein.
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