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EshallGo consolidates shares 1-for-5 to maintain Nasdaq $1.00 minimum bid price compliance

EHGOEShallGo Inc.

Shareholders approved a one-for-five share consolidation to restore compliance with Nasdaq's $1.00 minimum bid price requirement. The transaction reduces outstanding Class A ordinary shares from approximately 5.5 million to 1.1 million and Class B shares from 366,000 to 73,200. Post-consolidation trading is expected to commence on October 21, 2026, under the existing symbol EHGO. Fractional shares are rounded up to the nearest whole share at the participant level. The company operates in the technology sector.

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