Dividends & Buybacks ·
ICZOOM Group Inc. announced a forward share consolidation at a 5-for-1 ratio to regain compliance with Nasdaq listing…
IZMICZOOM Group Inc.
ICZOOM Group Inc. announced a forward share consolidation at a 5-for-1 ratio to regain compliance with Nasdaq listing requirements. The effective date for the split is September 15, 2026. Under this transaction, every five Class A ordinary shares will combine into one, reducing the outstanding Class A shares from approximately 8,188,610 to roughly 1,637,722. Similarly, Class B ordinary shares will decrease from 3,829,500 to approximately 765,900. Fractional shares will be rounded up to the nearest whole share rather than paid in cash. The company operates as a B2B e-commerce platform for electronic component products.