Golden Heaven reveals 15-to-1 share consolidation plan
Share Consolidation Approval: Golden Heaven Group's board approved a 15-for-1 share consolidation on August 12, 2025.
Compliance with Nasdaq Rules: The consolidation aims to help the company regain compliance with Nasdaq Marketplace Rule 5550(a) and maintain its listing.
Effective Trading Date: The consolidated shares will begin trading on the Nasdaq Capital Market on August 28, 2025.
New CUSIP Number: Post-consolidation, the Class A ordinary shares will retain the symbol "GDHG" but will have a new CUSIP number, G3959D133.
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Golden Heaven Group Holdings Ltd. Declares 15-to-1 Share Consolidation
Share Consolidation Announcement: Golden Heaven Group Holdings Ltd. has announced a 15-for-1 share consolidation approved by its board on August 12, 2025, effective August 28, 2025.
Purpose of Consolidation: The consolidation aims to help the company comply with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on the Nasdaq.
Changes in Share Structure: Post-consolidation, the authorized share capital will be adjusted, resulting in approximately 2,460,492 Class A ordinary shares and 71,574 Class B ordinary shares being issued.
Company Overview: Golden Heaven operates amusement parks and recreational facilities in China, offering various attractions including rides, water features, and entertainment events.
