LGCL
Lucas GC Sets September 1 for 125-for-1 Share Consolidation
Lucas GC Limited announced that it will effect a 125-for-one share consolidation of its Class A and Class B ordinary shares, effective September 1, 2026. The consolidation, approved by shareholders in December 2025 and modified by the board's authorized person in August 2026, will reduce the authorized share capital to US$50,000 divided into 20 million shares with a par value of US$0.025 each. Trading on the Nasdaq Capital Market will begin on a consolidation-adjusted basis, with a new CUSIP number G57037122 assigned. No fractional shares will be issued; entitlements will be rounded up to the nearest whole share. The company anticipates the consolidation will increase the market price per share of its Class A ordinary shares.