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Meihua International Medical Technologies Co., Ltd. Received Nasdaq Delisting Notice
Globenewswire· 2025-12-05 21:05
Yangzhou, China, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Meihua International Medical Technologies Co., Ltd. (“Meihua” or the "Company") (Nasdaq: MHUA), a reputable manufacturer and provider of Class I, II, and III disposable medical devices with operating subsidiaries in China, announced today that the Company received a letter from the Nasdaq Stock Market LLC (“Nasdaq”) on December 2, 2025, notifying the Company that the Nasdaq staff has determined to delist the Company’s ordinary shares from The Nasdaq Capital ...
Meihua International Announces 1-For-100 Reverse Share Split
Globenewswire· 2025-11-19 21:05
Core Points - Meihua International Medical Technologies Co., Ltd. announced a reverse share split at a ratio of 1-for-100, effective November 24, 2025, to comply with Nasdaq's minimum bid price requirement of $1.00 per share [1][2][4] Group 1: Reverse Share Split Details - The reverse share split will change the par value of Class A ordinary shares from $0.0005 to $0.05 per share [2] - The number of issued and outstanding Class A ordinary shares will decrease from approximately 56 million to approximately 0.56 million [4] - No fractional shares will be issued; fractional interests will be rounded up to the nearest whole number [3] Group 2: Shareholder Information - VStock Transfer, LLC is designated as the exchange agent and will provide instructions to shareholders regarding the exchange of share certificates [5][6] - Shareholders holding shares in book-entry form or brokerage accounts do not need to take any action for the reverse share split [5] Group 3: Company Overview - Meihua is a manufacturer of Class I, II, and III disposable medical devices, with over 1,000 products for domestic sales and more than 120 products exported to over 30 countries [7] - The company has received international "CE" certification and ISO 13485 system certification, and is registered with the FDA for over 20 Class I products [7]