MicroAlgo Inc. Approves 30-for-1 Share Consolidation at Extraordinary General Meeting

Reuters

07/08

MicroAlgo Inc. Approves 30-for-1 Share Consolidation at Extraordinary General Meeting

MicroAlgo Inc. recently held an Extraordinary General Meeting of Shareholders, where a proposal for a 30-for-1 share consolidation was approved. This consolidation means that every thirty Class A and Class B Ordinary Shares, each with a par value of US0.20, will be consolidated into one share with a par value of US6.00. The implementation of this share consolidation is pending market effectiveness from NASDAQ.

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. MicroAlgo Inc. 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: 0001829126-25-004933), on July 08, 2025, and is solely responsible for the information contained therein.

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Approves 30-for-1 Share Consolidation at Extraordinary General Meeting","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      MicroAlgo Inc. Approves 30-for-1 Share Consolidation at Extraordinary General Meeting\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        MicroAlgo Inc. recently held an Extraordinary General Meeting of Shareholders, where a proposal for a 30-for-1 share consolidation was approved. This consolidation means that every thirty Class A and Class B Ordinary Shares, each with a par value of US0.20, will be consolidated into one share with a par value of US6.00. 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Approves 30-for-1 Share Consolidation at Extraordinary General Meeting\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\">2025-07-08 21:01</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      MicroAlgo Inc. Approves 30-for-1 Share Consolidation at Extraordinary General Meeting\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        MicroAlgo Inc. recently held an Extraordinary General Meeting of Shareholders, where a proposal for a 30-for-1 share consolidation was approved. This consolidation means that every thirty Class A and Class B Ordinary Shares, each with a par value of US0.20, will be consolidated into one share with a par value of US6.00. The implementation of this share consolidation is pending market effectiveness from NASDAQ.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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ID: 0001829126-25-004933), on July 08, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MLGO","symbol_name":"MicroAlgo, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250708:nNDL4ZMYxc:1","article_id":"2549547478","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549547478","pubTimestamp":1751979665,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"MicroAlgo Inc. recently held an Extraordinary General Meeting of Shareholders, where a proposal for a 30-for-1 share consolidation was approved. 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