MicroAlgo Inc. Announces 30-for-1 Share Consolidation Effective July 18, 2025

Reuters

07-14

MicroAlgo Inc. Announces 30-for-1 Share Consolidation Effective July 18, 2025

MicroAlgo Inc. $(MLGO)$ announced the market effective date for its 30-for-1 share consolidation. Starting July 18, 2025, the company's Class A ordinary shares will trade on a split-adjusted basis on the Nasdaq Capital Market with a new CUSIP number G6077Y400. The consolidation aims to maintain compliance with Nasdaq's minimum bid price requirement and enhance flexibility for future fundraising. Proportionate adjustments will also be made to the exercise price and shares issuable upon conversion of outstanding warrants and securities.

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 on July 14, 2025, and is solely responsible for the information contained therein.

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Announces 30-for-1 Share Consolidation Effective July 18, 2025","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. Announces 30-for-1 Share Consolidation Effective July 18, 2025\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. <a href=\"https://laohu8.com/S/MLGO\">$(MLGO)$</a> announced the market effective date for its 30-for-1 share consolidation. Starting July 18, 2025, the company's Class A ordinary shares will trade on a split-adjusted basis on the Nasdaq Capital Market with a new CUSIP number G6077Y400. The consolidation aims to maintain compliance with Nasdaq's minimum bid price requirement and enhance flexibility for future fundraising. 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Announces 30-for-1 Share Consolidation Effective July 18, 2025\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\">2025-07-14 14:12</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. 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