Reverse stock split to meet Nasdaq minimum bid price; no fundamental change in business value.
CCH Holdings has announced a 1-for-10 reverse stock split of its Class A and Class B ordinary shares, effective at the open of the Nasdaq Stock Market on July 13, 2026. The consolidation is intended to lift the company's bid price above the $1.00 minimum required by Nasdaq Listing Rule 5550(a)(2). Following shareholder authorization on March 4, 2026, and board approval on June 30, 2026, outstanding Class A shares will be reduced from approximately 38.44 million to 3.84 million, and Class B shares from roughly 9.72 million to 972,000. Par value for both share classes will adjust from $0.00001 to $0.0001 per share, with fractional shares rounded up to the nearest whole share. Class A shares will trade under a new CUSIP number, G1993F114, while retaining the ticker CCHH.
Reverse stock split to meet Nasdaq minimum bid price; no fundamental change in business value.