Dividends & Buybacks ·
Huadi International Group proposes 8-for-1 reverse split to meet Nasdaq $1.00 bid price requirement
HUDIHuadi International Group Co., Ltd.
Huadi International Group Co., Ltd. is seeking shareholder approval at an extraordinary general meeting on November 16, 2026, for a proposed 8-for-1 share consolidation (reverse stock split) effective November 26, 2026. The action aims to restore compliance with Nasdaq’s minimum bid price requirement after the company received a deficiency notice in July 2026 due to its closing bid price falling below $1.00 for 30 consecutive business days. The proposal is conditional on parallel approvals for a par value reduction and an increase in authorized share capital to 500 million shares. Huadi International Group Co., Ltd. manufactures and sells copper foil products used primarily in the electronics industry.