MingZhu Logistics declares a 1-for-16 reverse stock split
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 07 2025
0mins
Reverse Share Split Announcement: Mingzhu Logistics will implement a 1-for-16 reverse share split of its ordinary shares, effective November 12, 2025.
New Trading Details: Post-split, the shares will have a par value of 12.8 cents and will continue trading on Nasdaq under the symbol "YGMZ" with a new CUSIP number, G6180C121.
Compliance with Nasdaq Requirements: The reverse share split aims to help the company meet the minimum bid price requirement of $1.00 per share for continued listing on Nasdaq.
Effective Date: The reverse share split will take effect at the opening of business on November 12, 2025.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
