HiTek Global announces 50-for-1 share consolidation effective April 6

Reuters04-01

HiTek Global announces 50-for-1 share consolidation effective April 6

HiTek Global will execute a 50-for-1 share consolidation of its Class A ordinary shares effective April 6, 2026.
Trading on Nasdaq will begin on a split-adjusted basis under symbol HKIT with new CUSIP G45139113.
Move targets Nasdaq’s minimum bid price requirement for continued listing.
Consolidation will convert every 50 issued Class A shares into 1 share.
No fractional shares will be issued; resulting fractions will be rounded to nearest whole share at participant level.

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. HiTek Global Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202604010840PR_NEWS_USPR_____CN23407) on April 01, 2026, and is solely responsible for the information contained therein.

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