Core Viewpoint - Golden Heaven Group Holdings Ltd. has announced a share consolidation on a 15 for 1 ratio to regain compliance with Nasdaq listing requirements, effective August 28, 2025 [1][2]. Group 1: Share Consolidation Details - The share consolidation will automatically combine every 15 ordinary shares into one ordinary share without requiring action from shareholders [3]. - No fractional shares will be issued; shareholders will receive one full share instead of any fractional share resulting from the consolidation [3]. - The authorized share capital will remain at US$6,018,000,000 but will change the structure of Class A and Class B ordinary shares, with Class A shares decreasing from approximately 36.9 million to about 2.46 million shares, and Class B shares decreasing from approximately 1.07 million to about 71,574 shares [4]. Group 2: Company Overview - Golden Heaven operates amusement parks, water parks, and complementary recreational facilities in China, offering a variety of experiences including thrilling rides, water attractions, and entertainment events [5].
Golden Heaven Group Holdings Ltd. Announces 15 for 1 Share Consolidation