Cheche Group announces 35-for-1 share consolidation effective July 20

Reuters2026/07/17 04:12

By:Reuters

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Cheche Group will execute a 35-for-1 share consolidation, effective at the opening of business on July 20, subject to Nasdaq processing.
Class A ordinary shares will trade on a post-consolidation basis on Nasdaq under CCG; new CUSIP/CINS G20707124, new ISIN KYG207071245.
Outstanding Class A shares expected to fall to 1,974,098 from 69,093,430; Class B shares to 531,328 from 18,596,504.
No fractional shares will be issued; fractional entitlements will be rounded to the nearest whole share.
Move targets Nasdaq’s minimum bid-price compliance; warrants CCGWW will be adjusted proportionately for shares issuable, exercise price.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cheche Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN06823) on July 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cheche Group announces 35-for-1 share consolidation effective July 20

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