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.
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