Huachen AI Parking Management Technology Holding Co., Ltd Announces 1-for-30 Reverse Stock Split Effective April 13, 2026
Rhea-AI Summary
Huachen AI Parking Management Technology (NASDAQ: HCAI) announced a 1-for-30 reverse stock split of Class A and Class B ordinary shares effective at market open on April 13, 2026, subject to Nasdaq approval. The split will reduce outstanding Class A from ~18,897,500 to ~629,167 and Class B from ~16,000,000 to ~533,333.
The action is intended to increase the per-share trading price to assist in maintaining compliance with Nasdaq's minimum bid price rule; ticker remains HCAI and a new CUSIP G4645R122 will be used.
Positive
- Outstanding Class A shares reduced from ~18,897,500 to ~629,167 (≈97% reduction)
- Outstanding Class B shares reduced from ~16,000,000 to ~533,333 (≈97% reduction)
- Tactic intended to assist in maintaining Nasdaq minimum bid price compliance
Negative
- Fractional-share rounding up may cause minimal, unintended ownership changes for some shareholders
News Market Reaction – HCAI
In the Apr 9 session, HCAI declined 34.02%, reflecting a significant negative market reaction. Argus tracked a peak move of +2.9% during that session. Argus tracked a trough of -49.3% from its starting point during tracking. Our momentum scanner triggered 14 alerts that day, indicating notable trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Feb 04 | U.S. expansion plan | Positive | -21.3% | Announced U.S. expansion of Smart Parking Platform into major Tier‑1 markets. |
| Feb 02 | Energy initiative launch | Positive | +24.1% | Launched 4G Smart Energy Management and Green Power Arbitrage initiative. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news has drawn mixed reactions: one positive strategic update coincided with a decline, while another coincided with a gain, indicating inconsistent price responses to operational announcements.
Over recent months, HCAI has focused on strategic expansion and new initiatives. On Feb 2, 2026, it launched a 4G Smart Energy Management and Green Power Arbitrage initiative, with the stock moving +24.1% over the next day. On Feb 4, 2026, it announced a U.S. Smart Parking Platform expansion into Tier‑1 markets, after which shares fell 21.29%. Today’s reverse split and Nasdaq compliance focus follow this mixed market reception to growth news.
Key Terms
reverse stock split financial
par value financial
cusip regulatory
nasdaq capital market regulatory
minimum bid price requirement regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Pinghu, China, April 08, 2026 (GLOBE NEWSWIRE) -- Huachen AI Parking Management Technology Holding Co., Ltd. (NASDAQ: HCAI, “HCAI” or “the Company”), a China-based smart-parking and equipment-structural-parts provider, today announced that its Board of Directors has approved a share combination (the “Reverse Stock Split”) of its Class A and Class B ordinary shares at a ratio of 1-for-30. The Reverse Stock Split is expected to become effective at the open of business on April 13, 2026 (the “Effective Date”), subject to approval by the Nasdaq Stock Market LLC. The Company’s Class A ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol “HCAI.” The Reverse Stock Split is intended to increase the per-share trading price of the Company’s Class A ordinary shares to assist in maintaining compliance with Nasdaq’s minimum bid price requirement.
The implementation of this Reverse Stock Split follows the authorization granted at the Company’s extraordinary general meeting of shareholders held on December 7, 2025. At that meeting, shareholders approved an ordinary resolution to consolidate Class A and Class B ordinary shares at a ratio ranging from 1-for-2 to 1-for-250, granting the Board of Directors the sole discretion to determine the final ratio and timing within one year of the meeting. On March 24, 2026, the Board officially determined the 1-for-30 ratio.
Upon the effectiveness of the Reverse Stock Split, every thirty (30) Class A ordinary shares with a par value of US
The Reverse Stock Split will reduce the number of outstanding Class A ordinary shares of the Company from approximately 18,897,500 shares to approximately 629,167 shares, and will reduce the number of outstanding Class B ordinary shares of the Company from approximately 16,000,000 shares to approximately 533,333 shares. Every thirty (30) outstanding Class A ordinary shares will be combined into and automatically become one post-Reverse Stock Split Class A ordinary share. Every thirty (30) outstanding Class B ordinary shares will be combined into and automatically become one post-Reverse Stock Split Class B ordinary share. No fractional shares will be issued in connection with the Reverse Stock Split. Instead, the Company will issue one full post-Reverse Stock Split Class A ordinary share or Class B ordinary share, as applicable, to any shareholder who would have been entitled to receive a fractional share as a result of the process. As a result of the Reverse Stock Split, the par value of the Class A ordinary shares and Class B ordinary shares will be increased to
To ensure a seamless transition for shareholders, any fractional shares resulting from the consolidation will be rounded up to the next whole share. The Reverse Split will affect all shareholders uniformly and will not alter any shareholder's percentage ownership interest in the Company, except for minimal changes that may result from the treatment of fractional shares. No action is required by shareholders holding their shares through a brokerage account.
Concurrently with the Reverse Stock Split, the Company amended its Memorandum of Association to proportionately reduce the number of authorized ordinary for issuance and change the par value of post-reverse stock split ordinary shares to US
In connection with the Reverse Stock Split, the Company’s Class A ordinary shares will begin trading under a new CUSIP number, G4645R122, starting on the Effective Date. The Company’s ticker symbol will remain “HCAI.”
About Huachen AI Parking Management Technology Holding Co., Ltd.
Huachen AI Parking Management Technology Holding Co., Ltd. is a China-based, one-stop provider of smart-parking systems and precision structural parts. Through our operating subsidiaries, we design, manufacture, install and service space-saving cubic parking garages—tailored to each client’s needs with technologies such as vertical lifting and multi-layer cycling—while also supplying custom steel components and railroad accessories to industrial customers nationwide.
Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the documents filed with the United States Securities and Exchange Commission (the "SEC"). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For further information about Huachen AI Parking Management Technology Holding Co., Ltd, please contact:
Huachen AI Parking Management Technology Holding Co., Ltd
Alan Li
Mobile: +852-95791074
SOURCE Huachen AI Parking Management Technology Holding Co., Ltd