iTonic Holdings Ltd announced an extraordinary general meeting for September 9, 2026, to vote on a proposed 1-for-16 reverse stock split effective October 6, 2026, subject to Nasdaq approval. The consolidation reduces the authorized share capital from US$50,000 divided into 400 million Class A and 100 million Class B shares to US$50,000 divided into 25 million Class A and 6.25 million Class B shares. Shareholders will also vote to increase authorized share capital to US$800,000 divided into 400 million Class A and 100 million Class B shares and adopt a fourth amended memorandum and articles of association. The company operates in the technology industry.
