Core Viewpoint - Autozi Internet Technology (Global) Ltd. has announced a share consolidation on a 50 for 1 ratio to regain compliance with Nasdaq listing requirements, effective December 12, 2025 [1][2]. Group 1: Share Consolidation Details - The share consolidation will automatically convert every 50 ordinary shares into one issued and outstanding 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 change from US$500,000 divided into 480 billion Class A shares and 20 billion Class B shares to US$500,000 divided into 9.6 billion Class A shares and 400 million Class B shares [4]. Group 2: Company Overview - Autozi is a leading provider of lifecycle automotive services in China, founded in 2010, offering a range of automotive products and services through online and offline channels [5]. - The company utilizes an advanced online supply chain cloud platform and SaaS solutions to create a dynamic ecosystem that enhances collaboration and efficiency across the automotive industry [5].
Autozi Internet Technology (Global) Ltd. Announces 50 for 1 Share Consolidation