MingZhu Logistics enacts 1-for-16 reverse share split

Reuters

11/08

<a href="https://laohu8.com/S/YGMZ">MingZhu Logistics</a> enacts 1-for-16 reverse share split

MingZhu Logistics Holdings Ltd (Nasdaq: YGMZ) will implement a 1-for-16 reverse share split of its ordinary shares, effective at the open of trading on November 12, 2025. The reverse split will reduce the number of outstanding shares from approximately 76.7 million to 4.8 million and is intended to help the company regain compliance with Nasdaq's minimum bid price requirement. The shares will continue to trade under the symbol "YGMZ" with a new CUSIP number.

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. MingZhu Logistics Holdings Ltd published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9570706-en) on November 07, 2025, and is solely responsible for the information contained therein.

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The reverse split will reduce the number of outstanding shares from approximately 76.7 million to 4.8 million and is intended to help the company regain compliance with Nasdaq's minimum bid price requirement. The shares will continue to trade under the symbol \"YGMZ\" with a new CUSIP number.\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. 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. MingZhu Logistics Holdings Ltd published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9570706-en) on November 07, 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":"BK4022","symbol_name":"陆运","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251107:nNDL4LDk5d:1","article_id":"2581839022","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581839022","pubTimestamp":1762549511,"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":"MingZhu Logistics Holdings Ltd  will implement a 1-for-16 reverse share split of its ordinary shares, effective at the open of trading on November 12, 2025. 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