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Lucas GC Limited Announces Effective Date of Share Consolidation and Dual-Class Share Structure

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Lucas GC (NASDAQ: LGCL) will effect a 40-for-1 share consolidation and adopt a dual-class share structure effective October 13, 2025. The consolidation converts every 40 pre-consolidation shares into one share, changing the par value to US$0.0002 and setting authorized capital at US$50,000.

Post-consolidation the company will have 235,000,000 Class A ordinary shares and 15,000,000 Class B ordinary shares. A new CUSIP (G57037114) was assigned to Class A ordinary shares. No action is required by street-name or registered holders; fractional entitlements will be rounded up. The company anticipates a higher market price per consolidated Class A share when trading opens October 13, 2025.

Lucas GC (NASDAQ: LGCL) effettuerà una consolidazione azionaria 40-for-1 e adotterà una struttura azionaria a due classi con effetto dal 13 ottobre 2025. La consolidazione converte ogni 40 azioni ante-consolidazione in una sola azione, modificando il valore nominale a US$0,0002 e impostando il capitale autorizzato a US$50.000.

Dopo la consolidazione la società avrà 235.000.000 azioni ordinarie di Classe A e 15.000.000 azioni ordinarie di Classe B. È stato assegnato un nuovo CUSIP (G57037114) alle azioni ordinarie di Classe A. Nessuna azione è richiesta da parte dei titolari con intestazione di strada o registrati; le entitlements frazionarie verranno arrotondate per eccesso. La società prevede un prezzo di mercato più elevato per l'azione consolidata di Classe A all'avvio delle contrattazioni il 13 ottobre 2025.

Lucas GC (NASDAQ: LGCL) llevará a cabo una consolidación de acciones 40 por 1 y adoptará una estructura de acciones de dos clases con efecto a partir del 13 de octubre de 2025. la consolidación convierte cada 40 acciones previas a una acción, cambiando el valor nominal a US$0,0002 y estableciendo un capital autorizado de US$50.000.

Después de la consolidación la empresa tendrá 235.000.000 de acciones ordinarias de Clase A y 15.000.000 de acciones ordinarias de Clase B. Se asignó un nuevo CUSIP (G57037114) a las acciones ordinarias de Clase A. No se requiere acción por parte de tenedores al portador o registrados; los derechos fraccionales se redondearán hacia arriba. La empresa anticipa un precio de mercado más alto por acción consolidada de Clase A cuando comiencen a cotizar el 13 de octubre de 2025.

Lucas GC (NASDAQ: LGCL)1주당 40주로 합병을 실행하고 두 계열 주식 구조를 채택하며 2025년 10월 13일부로 발효됩니다. 합병은 합병 전 40주를 한 주로 바꾸고 액면가를 US$0.0002로, 허용 자본을 US$50,000로 설정합니다.

합병 후 회사는 클래스 A 보통주 235,000,000주클래스 B 보통주 15,000,000주를 보유하게 됩니다. 클래스 A 보통주에 새로운 CUSIP(G57037114)가 할당되었습니다. 거리명 또는 등록주에 대한 추가 조치는 필요하지 않으며, 부분권익은 올림 처리됩니다. 회사는 2025년 10월 13일 거래가 시작될 때 합병된 클래식 A 주당 시장가격이 더 높아질 것으로 예상합니다.

Lucas GC (NASDAQ: LGCL) procédera à une fusion d’actions 40 pour 1 et adoptera une structure à deux classes d’actions à compter du 13 octobre 2025. La fusion convertit chaque 40 actions avant fusion en une seule action, en modifiant la valeur nominale à 0,0002 USD et en fixant le capital autorisé à 50 000 USD.

Après la fusion, la société détiendra 235 000 000 d’actions ordinaires de Classe A et 15 000 000 d’actions ordinaires de Classe B. Un nouveau CUSIP (G57037114) a été attribué aux actions ordinaires de Classe A. Aucune action n’est requise de la part des porteurs en nom ou enregistrés; les droits fractionnaires seront arrondis à la hausse. La société prévoit un prix de marché plus élevé par action de Classe A consolidée lorsque les échanges ouvriront le 13 octobre 2025.

Lucas GC (NASDAQ: LGCL) wird eine 40-für-1-Aktienzusammenlegung durchführen und ab dem 13. Oktober 2025 eine Aktienstruktur mit zwei Klassen übernehmen. Die Zusammenlegung wandelt jeweils 40 Aktien vor der Zusammenlegung in eine Aktie um, ändert den Nennwert auf US$0,0002 und setzt das genehmigte Kapital auf US$50.000 fest.

Nach der Zusammenlegung wird das Unternehmen 235.000.000 Class-A-Stammaktien und 15.000.000 Class-B-Stammaktien besitzen. Ein neuer CUSIP (G57037114) wurde den Class-A-Stammaktien zugewiesen. Es ist keine Maßnahme durch Straßennamensinhaber oder Registrierte erforderlich; anteilige Ansprüche werden nach oben gerundet. Das Unternehmen rechnet mit einem höheren Marktpreis pro consolidierter Class-A-Aktie, wenn der Handel am 13. Oktober 2025 beginnt.

Lucas GC (NASDAQ: LGCL) سيقوم بعملية دمج أسهم 40 من 1 واعتماد هيكل أسهم من فئتين اعتباراً من 13 أكتوبر 2025. يحوِّل الدمج كل 40 سهماً قبل الدمج إلى سهـم واحد، مع تعديل القيمة الاسمية إلى 0.0002 دولار أمريكي وتحديد رأس المال المصرح به إلى 50,000 دولار.

بعد الدمج ستملك الشركة 235,000,000 سهماً عاديًا من فئة أ و 15,000,000 سهماً عاديًا من فئة ب. تم منح CUSIP جديد (G57037114) لأسهم فئة أ العادية. لا يُطلب أي إجراء من قبل حاملي الأسماء الشارعة أو المسجلين؛ ستُ rounding الحقوق النسبة إلى الأعلى. تتوقع الشركة ارتفاع سعر السوق للسهم العادي من فئة أ بعد الدمج عند افتتاح التداول في 13 أكتوبر 2025.

Lucas GC (NASDAQ: LGCL) 将实施 40 对 1 的股票合并 并在 2025 年 10 月 13 日起生效实施 双类股结构。合并将每 40 股合并前的股份换成 1 股,面值改为 US$0.0002,法定资本授权额设定为 US$50,000。

合并后公司将拥有 235,000,000 股 A 类普通股15,000,000 股 B 类普通股。为 A 类普通股分配了新的 CUSIP(G57037114)。对持仓名义股东或登记股东不需要采取任何行动;小数股权将向上舍入。公司预计在 2025 年 10 月 13 日开盘交易时,A 类合并股的市场价格将更高。

Positive
  • 40-for-1 share consolidation effective Oct 13, 2025
  • Company anticipates an increase in market price per share after consolidation
  • New CUSIP G57037114 assigned to Class A ordinary shares
Negative
  • Authorized capital reallocated to 235,000,000 Class A and 15,000,000 Class B
  • Fractional share entitlements will be rounded up, potentially slightly increasing outstanding shares

Insights

Share consolidation and dual-class adoption change capital structure and voting layers; impact primarily governance, likely neutral on value absent further facts.

Lucas GC Limited implements a Oct 13, 2025 forty-for-one share consolidation and creates Class A and Class B shares, revising authorized capital to US$50,000 split into 235,000,000 Class A and 15,000,000 Class B shares. The action standardizes outstanding share counts, assigns a new CUSIP, and requires no action by beneficial holders; transfer agent acts as exchange agent.

The primary business mechanism is structural: consolidation reduces share count and typically raises per-share trading price on a one-time, mechanical basis, while the dual-class structure creates distinct equity classes with different rights. The release contains no financial metrics, new capital raises, or stated voting allocations for the classes, so the direct economic effect remains unspecified and governance concentration cannot be measured from the disclosed facts.

Key dependencies and risks include the undisclosed allocation of voting power between Class A and Class B and any future issuance of Class B shares; these determine long-term control and governance risk. Watch for filings or disclosures that specify voting rights, conversion features, dilution protections, or planned issuances. Relevant near-term monitorable items are the effective trading date Oct 13, 2025, the new CUSIP G57037114, and any subsequent SEC/Nasdaq filings that quantify class rights or planned financings.

NEW YORK, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Lucas GC Limited (NASDAQ: LGCL) (“Lucas” or the “Company”), an artificial intelligence (the “AI”) technology-driven Platform-as-a-Service (the “PaaS”) company whose technologies have been applied to the human resources and insurance industry verticals, today announced that it will effect a forty (40)-for-one (1) share consolidation of its issued and unissued ordinary shares, par value US$0.000005 per share and an adoption of dual-class share structure on October 13, 2025.

On May 5, 2025, the Company’s shareholders voted and approved at the extraordinary general meeting to implement (i) a forty (40)-for-one (1) share consolidation of the Company’s issued and unissued shares, whereby every 40 authorized issued and unissued shares, par value US$0.000005 per share, in the authorized share capital of the Company be consolidated into one share, par value US$0.0002 per share (the “Consolidated Shares”), such that the authorized share capital of the Company shall be US$50,000 divided into 250,000,000 shares, par value US$0.0002 per share (“Share Consolidation”); (ii) subject to the Share Consolidation, an adoption of dual-class share structure (the “Dual-Class Share Structure”), upon which the authorized share capital of the Company will be changed from US$50,000 divided into 250,000,000 Consolidated Shares of a par value of US$0.0002 each, to US$50,000 divided into 235,000,000 Class A ordinary shares of a par value of US$0.0002 each (the “Class A Ordinary Shares”) and 15,000,000 Class B ordinary shares of a par value of US$0.0002 each (the “Class B Ordinary Shares”); and (iii) subject to the Share Consolidation and the adoption of the Dual-Class Share Structure, an amendment and restatement of the existing Amended and Restated Memorandum and Articles of Association of the Company by the deletion in their entirety and the substitution in their place of the Amended and Restated Memorandum and Articles of Association of the Company (the “Amended and Restated M&AA”) which incorporate amendments including but not limited to the Share Consolidation and the adoption of the Dual-Class Share Structure and set out the rights and privileges of the Class A Ordinary Shares and Class B Ordinary Shares.

In connection with the Share Consolidation and Dual-Class Share Structure, the Company amended and restated its memorandum and articles of association to reflect the adjustment of the number of authorized ordinary shares, the number of Class A Ordinary Shares and Class B Ordinary Shares and the par value.

The Company anticipates that beginning with the opening of trading on October 13, 2025, the Company’s Class A Ordinary Shares will trade on the Nasdaq Capital Market on a consolidation-adjusted basis with adoption of dual-class share structure. A new CUSIP number, G57037114, has been assigned to the Company’s Class A Ordinary Shares as a result of the Share Consolidation and Dual-Class Share Structure.

The Share Consolidation and adoption of Dual-Class Share Structure affects all issued and outstanding ordinary shares of the Company. The Company’s transfer agent, Vstock Transfer, LLC, is acting as the exchange agent for the Share Consolidation. Shareholders who hold their shares in book-entry form or in “street name” (i.e., through a broker, bank or other holder of record) are not required to take any action. The Share Consolidation will affect all shareholders uniformly and will not alter any shareholder’s percentage interest in the Company’s equity. No fractional shares will be issued; instead, shareholders who would otherwise be entitled to a fractional share will have their entitlement rounded up to the nearest whole share.

The Company anticipates that the Share Consolidation will increase the market price per share of the Company’s Class A Ordinary Shares.

Registered shareholders holding pre-consolidated shares of the Company are not required to take any action to receive post-consolidated shares. Shareholders owning shares via a broker, bank, trust or other nominee will have their positions automatically adjusted to reflect the share consolidation, and will not be required to take any action in connection with the share consolidation.

About Lucas GC Limited

With 19 granted U.S. and Chinese patents and over 75 registered software copyrights in the AI, data analytics and blockchain technologies, Lucas GC Limited is an AI technology-driven PaaS company with over 780,320 agents working on its platform. Lucas’ technologies have been applied to the human resources and insurance industry verticals. For more information, please visit: www.lucasgc.com.

Forward-Looking Statements

Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the uncertainties related to market conditions. Any forward-looking statements contained in this press release speak only as of the date hereof, and Lucas GC Limited specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.

For Investor Inquiries and Media Contact:
ir@lucasgc.com
T: 818-741-0923


FAQ

What change is Lucas GC (LGCL) implementing on October 13, 2025?

LGCL will implement a 40-for-1 share consolidation and adopt a dual-class share structure on October 13, 2025.

How many Class A and Class B shares will LGCL have after the change?

After the changes LGCL will have 235,000,000 Class A ordinary shares and 15,000,000 Class B ordinary shares authorized.

Do LGCL shareholders need to take action for the consolidation?

No action is required by shareholders holding shares in book-entry or in street name; positions will be adjusted automatically.

Will LGCL’s trading ticker or CUSIP change after the consolidation?

A new CUSIP G57037114 was assigned to the Company’s Class A ordinary shares; trading will reflect the consolidation-adjusted basis.

How will fractional shares be handled in LGCL’s 40-for-1 consolidation?

No fractional shares will be issued; entitlements that would result in fractions will be rounded up to the nearest whole share.

What effect does the LGCL consolidation have on percentage ownership?

The company states the consolidation will not alter any shareholder’s percentage interest in the company’s equity.
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