Lucas GC Reveals Date for 40-for-1 Share Consolidation
Share Consolidation Announcement: Lucas GC will implement a forty-for-one share consolidation of its ordinary shares on October 13, 2025, following shareholder approval on May 5, 2025.
Dual-Class Share Structure: The company will adopt a dual-class share structure, resulting in 235 million Class A ordinary shares and 15 million Class B ordinary shares, with a new par value of $0.0002 each.
Amendment of Articles: The existing memorandum and articles of association will be amended to reflect the changes from the share consolidation and dual-class structure, detailing the rights of each class of shares.
Trading Adjustments: Starting October 13, 2025, the Class A Ordinary Shares will trade on the Nasdaq Capital Market under a new CUSIP number, G57037114, reflecting the consolidation and structural changes.
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Lucas GC Shares Surge Over 36%; Check Out 20 Stocks Making Moves in Premarket Trading
Lucas GC Limited Financial Results: Lucas GC Limited's shares surged 36.2% to $3.73 in pre-market trading after reporting H1 2025 earnings per share (EPS) of $1.47 on sales of $54.008 million.
Other Notable Gainers: MSP Recovery, Inc. saw a dramatic 262% increase to $0.7706, while SMX (Security Matters) Public Limited Company rose 72% to $3.47, among other significant pre-market gains.
Stocks Experiencing Losses: ZOOZ Strategy Ltd. dropped 28.3% to $1.01, and Alvotech fell 21.6% to $6.00, reflecting a trend of declines in several stocks after previous gains.
Market Overview: The pre-market trading session showed a mix of significant gains and losses across various stocks, indicating volatility in the market following recent trading activities.
Lucas GC Limited Reports Decline in H1 Earnings
Profit Decline: Lucas GC Limited reported a profit of RMB21.33 million for the first half, a significant drop from RMB53.52 million in the same period last year.
Earnings Per Share: The earnings per share (EPS) decreased to RMB10.55, down from RMB27.09 in the previous year.
Revenue Decrease: The company's revenue fell by 39.1%, totaling RMB368.89 million compared to RMB605.51 million last year.
Financial Overview: The earnings report highlights a substantial decline in both profit and revenue, indicating challenges faced by Lucas GC Limited in the current financial period.
