Dividends & Buybacks ·
Ucommune proposes reverse share splits from 2-for-1 up to 10-for-1 to meet Nasdaq $1 bid price requirement
UKUcommune International Ltd
Ucommune International Ltd announced an extraordinary general meeting for November 9, 2026, where shareholders will vote on a resolution to implement a reverse share consolidation if the Class A Ordinary Share closing bid price falls below US$1.00 for three consecutive trading days. The company proposes a tiered selection mechanism, choosing from ratios of 10:1 down to 2:1 based on which ratio maintains at least 500,000 publicly held shares. Concurrently, the filing seeks approval to increase authorized share capital to 1 billion shares post-consolidation. Ucommune is China’s leading agile office space manager and provider.