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

Reuters

06 Jun

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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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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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  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 , on June 06, 2025, and is solely responsible ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Fangdd Network Group Ltd.宣布16比1的股份合并以满足纳斯达克要求","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DUO":0.9,"NDAQ":0.9},"content_text":"Fangdd Network Group Ltd. Announces 16-to-1 Share Consolidation to Meet Nasdaq Requirements\n    \n\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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