Kebiao Technology Educational Administration Platform
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JIADE LIMITED Announces 1-for-25 Reverse Stock Split Effective March 23, 2026
Globenewswire· 2026-03-18 20:10
Core Viewpoint - JIADE LIMITED will implement a reverse stock split of its ordinary shares on a 1-for-25 basis to comply with Nasdaq Marketplace Rule 5550(a)(2) regarding minimum bid price requirements [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split will take effect on March 23, 2026, with Class A ordinary shares continuing to trade under the symbol "JDZG" [1]. - The split will consolidate every 25 shares of Class A ordinary shares into 1 share, reducing the total from approximately 34.3 million to about 1.4 million [4]. - Class B ordinary shares will decrease from approximately 1.1 million to about 42,082, and preference shares will reduce from approximately 30 million to about 1.2 million [4]. Group 2: Shareholder Impact - The reverse stock split will affect all shareholders uniformly, and no fractional shares will be issued; any fractions will be rounded up to the next whole number [3]. - Shareholders' percentage interest in the Company's outstanding ordinary shares will remain unchanged, aside from adjustments from rounding [3]. Group 3: Company Overview - JIADE LIMITED provides comprehensive education support services for adult education institutions in China, focusing on software-driven and service-based solutions [5]. - The Company supports over 17 adult education institutions and approximately 134,000 students across China as of June 30, 2025 [5].
JIADE LIMITED Signs Non-Binding MOU to Explore Korea–U.S. Technology Investments
Globenewswire· 2026-02-24 16:10
Core Viewpoint - JIADE LIMITED has entered into a non-binding strategic cooperation memorandum of understanding with Chinalink Education Group to explore cross-border investment opportunities in high-growth technology sectors, particularly focusing on Korean technology enterprises with scalable business models and international expansion potential [1][3]. Group 1: Strategic Cooperation - The MOU aims to build upon the existing cross-border cooperation framework with Chinalink, reflecting JIADE's efforts to expand its international presence and engage with technology-driven growth opportunities [2]. - The collaboration will focus on identifying and investing in Korean technology companies that may pursue international capital market opportunities, including those preparing for a potential U.S. initial public offering [3]. Group 2: Investment Focus - The strategic cooperation may lead to the formation of a capital pool of up to US$5 million to support equity investments in selected Korean technology companies [6]. - Areas of focus include AI-integrated industries such as intelligent robotics, AI-powered education platforms, and cross-border digital education infrastructure [6]. Group 3: Company Overview - JIADE LIMITED provides comprehensive education support services for adult education institutions in China, offering software-driven solutions centered around the Kebiao Technology Educational Administration Platform [4]. - The company has supported over 17 adult education institutions and approximately 80,000 students across China [4].