Fangdd Network Group Ltd. Announces 16-to-1 Share Consolidation to Meet Nasdaq Requirements

Reuters

06-06

Fangdd Network Group Ltd. Announces 16-to-1 Share Consolidation to Meet Nasdaq Requirements

Fangdd Network Group Ltd. has announced a share consolidation effective June 9, 2025, consolidating every 16 ordinary shares into 1 share. This move aims to comply with Nasdaq's minimum bid price requirement. Following the consolidation, the number of outstanding shares will be reduced from 62,472,674 to 3,904,565. The Class A ordinary shares will continue to trade under the ticker symbol "DUO" with a new CUSIP number G33147128.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fangdd Network Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-051732), on June 06, 2025, and is solely responsible for the information contained therein.

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Announces 16-to-1 Share Consolidation to Meet Nasdaq Requirements","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Fangdd Network Group Ltd. Announces 16-to-1 Share Consolidation to Meet Nasdaq Requirements\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Fangdd Network Group Ltd. has announced a share consolidation effective June 9, 2025, consolidating every 16 ordinary shares into 1 share. This move aims to comply with Nasdaq's minimum bid price requirement. Following the consolidation, the number of outstanding shares will be reduced from 62,472,674 to 3,904,565. 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Announces 16-to-1 Share Consolidation to Meet Nasdaq Requirements\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-06 18:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Fangdd Network Group Ltd. 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