Financing ·
On July 21, 2026, Zhongchao Inc. issued 2,500,000 Class A ordinary shares and 200,000 Class B ordinary shares to More…
ZCMDZhongchao Inc.
On July 21, 2026, Zhongchao Inc. issued 2,500,000 Class A ordinary shares and 200,000 Class B ordinary shares to More Healthy Holdings Limited, the holding vehicle of founder and CEO Weiguang Yang. The allotment compensates Mr. Yang for his strategic leadership and stewardship. Following this issuance, Mr. Yang holds 2,500,740 Class A and 206,721 Class B shares, controlling approximately 99.45% of the company's total voting power. The transaction received prior approval from the Board of Directors and relevant committees on June 3, 2026. Zhongchao Inc. is a China-based company.