Zhongchao Inc. Announces 1-for-2 Share Consolidation
PR Newswire•30/09/2026•08:00 ET
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Key Highlights
- ➤Zhongchao (ZCMD) will effectuate a 1-for-2 share consolidation
- ➤October 2, 2026: ZCMD begins trading post-consolidation under the same symbol
- ➤Nasdaq listing maintenance is the stated objective of the consolidation
- ➤Outstanding shares expected to decline to approximately 4,333,378 Class A and 103,361 Class B
- ➤New CUSIP: G9897X156
Zhongchao Inc. Announces 1-for-2 Share Consolidation PR Newswire
SHANGHAI, Sept. 30, 2026 /PRNewswire/ -- Zhongchao Inc. (NASDAQ: ZCMD) ("Zhongchao" or the "Company"), a platform-based internet technology company offering services for patients with cancer and other major diseases, today announced that the Company will effectuate a 1-for-2 share consolidation of the Company's ordinary shares of US$0.744 par value each (the "Share Consolidation").
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