DirectBooking Technology Co., Ltd. Announces 16-for-1 Share Consolidation

Rhea-AI Summary

DirectBooking Technology (Nasdaq: ZDAI) announced a 16-for-1 share consolidation effective February 17, 2026, to meet Nasdaq's minimum bid price requirement. Trading is expected to be split-adjusted when markets open February 19, 2026.

Par value for Class A and Class B shares will change from US$0.00005 to US$0.0008; total authorized capital remains US$250,000 (reclassified to 250,000,000 Class A and 62,500,000 Class B). No fractional shares will be issued; fractional entitlements will be rounded to the nearest whole share at the participant level. The consolidation does not alter proportional ownership or dual-class voting.

Positive

• Share consolidation of 16-for-1 effective Feb 17, 2026
• Split-adjusted trading expected to begin Feb 19, 2026
• Authorized capital unchanged at US$250,000 after reclassification

Negative

• Share consolidation implemented to meet Nasdaq minimum bid price requirement
• No fractional shares issued; fractional entitlements will be rounded at participant level

News Market Reaction

+4.16%

6 alerts

+4.16% News Effect

+33.0% Peak Tracked

-6.9% Trough Tracked

+$2M Valuation Impact

$57M Market Cap

0.1x Rel. Volume

On the day this news was published, ZDAI gained 4.16%, reflecting a moderate positive market reaction. Argus tracked a peak move of +33.0% during that session. Argus tracked a trough of -6.9% from its starting point during tracking. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $2M to the company's valuation, bringing the market cap to $57M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Share consolidation ratio: 16-for-1 Effective date: February 17, 2026 Split-adjusted trading date: February 19, 2026 +5 more

8 metrics

Share consolidation ratio 16-for-1 Approved January 23, 2026 for Nasdaq bid price compliance

Effective date February 17, 2026 Share consolidation effective date

Split-adjusted trading date February 19, 2026 Class A shares expected to begin split-adjusted trading

Pre-consolidation par value US$0.00005 Par value per Class A and Class B share before consolidation

Post-consolidation par value US$0.0008 Par value per Class A and Class B share after consolidation

Authorized share capital US$250,000 Total authorized capital remains unchanged after consolidation

Authorized Class A shares 250,000,000 Post-consolidation authorized Class A ordinary shares at US$0.0008 par

Authorized Class B shares 62,500,000 Post-consolidation authorized Class B ordinary shares at US$0.0008 par

Market Reality Check

Price: $0.4429 Vol: Volume 85,724 is 0.13x th...

low vol

$0.4429 Last Close

Volume Volume 85,724 is 0.13x the 20-day average of 651,420, indicating muted trading ahead of the share consolidation. low

Technical Shares at 0.3797 are trading below the 200-day MA of 0.54 and about 62.77% under the 52-week high 1.0199.

Peers on Argus

Pre-news momentum data flagged ZDAI as moving down while peers were mixed: FGL d...

1 Up 1 Down

Pre-news momentum data flagged ZDAI as moving down while peers were mixed: FGL down 12.11% and SKBL up 4.03%. With 1 peer up and 1 down, moves appear stock-specific rather than a broad Industrials rotation.

Historical Context

5 past events · Latest: Feb 10 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 10	AI partnership JV	Positive	-10.3%	Strategic JV with DeepYou Digital to build AI-native hotel booking platform.
Feb 10	Strategic investment	Positive	-10.3%	Strategic share purchase by prominent internet investors to back AI booking platform.
Dec 16	AGM approvals	Positive	+6.0%	Shareholders approved capital increase, dual-class structure and potential share consolidation.
Sep 11	Corporate rebranding	Positive	+39.0%	Name change to DirectBooking Technology to reflect tech-focused hospitality strategy.
Aug 18	Strategic acquisition	Positive	-0.8%	Acquisition of China Wangmao Liquor to enter premium baijiu market and diversify.

Pattern Detected

Recent positive strategic and financing announcements have often seen mixed or negative next-day price reactions, with 3 of 5 notable news events diverging from the apparent positive tone.

Recent Company History

Over the past six months, ZDAI has undergone significant strategic and structural changes. In August 2025, it agreed to acquire China Wangmao Liquor, followed by a corporate rebranding in September 2025. Shareholders then approved a large capital increase and potential consolidation in December 2025. In February 2026, AI-focused partnerships and strategic investments were announced but saw negative price reactions. Today’s share consolidation follows directly from the earlier authorization to simplify capital and support listing compliance.

Market Pulse Summary

This announcement formalizes a 16-for-1 share consolidation designed to help ZDAI meet Nasdaq’s mini...

Analysis

This announcement formalizes a 16-for-1 share consolidation designed to help ZDAI meet Nasdaq’s minimum bid price requirement while keeping total authorized capital at US$250,000 and maintaining its dual-class structure. It follows shareholder approval in December 2025 for a consolidation and larger capital base. Investors may focus on how this cleaner capital structure interacts with earlier AI-platform initiatives, prior equity issuances, and future capital markets activities when assessing long-term implications.

Key Terms

share consolidation, par value, class a ordinary shares, class b ordinary shares, +2 more

6 terms

share consolidation financial

"approved the implementation of a share consolidation (the “Share Consolidation”) to enable"

Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.

par value financial

"shares of the Company, with a par value of US$0.00005 per share, will be"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

class a ordinary shares financial

"The Company’s Class A Ordinary Shares will continue to trade on the Nasdaq"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

class b ordinary shares financial

"every 16 issued and unissued Class B ordinary shares of the Company, with a par"

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

dual-class voting rights financial

"without changing existing shareholders’ proportional ownership interests or the current dual-class voting rights"

A share structure where a company issues two or more classes of stock with different voting power, so some shareholders hold far greater control per share than others. For investors, this matters because economic ownership (the right to dividends and price gains) can be separate from control over major decisions, meaning minority shareholders may have limited influence on strategy, leadership changes, or sale offers—like owning a house but not having the final say on renovations.

nasdaq capital market regulatory

"for continued listing on The Nasdaq Capital Market, its current stock exchange."

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

AI-generated analysis. Not financial advice.

HONG KONG, Feb. 17, 2026 (GLOBE NEWSWIRE) -- DirectBooking Technology Co., Ltd. (“DirectBooking Technology” or the “Company”, Nasdaq: ZDAI) announced that its board of directors, by unanimous written resolutions dated January 23, 2026, approved the implementation of a share consolidation (the “Share Consolidation”) to enable the Company to meet the minimum bid price requirement for continued listing on The Nasdaq Capital Market, its current stock exchange. The Share Consolidation is scheduled to become effective on February 17, 2026. The Company’s Class A Ordinary Shares will continue to trade on the Nasdaq Capital Market under the symbol “ZDAI” and are expected to begin trading on a split-adjusted basis when the market opens on February 19, 2026.

The Share Consolidation will be implemented at a ratio of 16 for 1. Upon the Share Consolidation becoming effective: (i) every 16 issued and unissued Class A ordinary shares of the Company, with a par value of US$0.00005 per share, will be consolidated into one Class A ordinary share, and the par value of each Class A ordinary share will be adjusted to US$0.0008; and (ii) every 16 issued and unissued Class B ordinary shares of the Company, with a par value of US$0.00005 per share, will be consolidated into one Class B ordinary share, and the par value of each Class B ordinary share will be adjusted to US$0.0008.

The Company’s total authorized share capital will remain unchanged at US$250,000, but will be reclassified as follows: (i) 250,000,000 Class A ordinary shares with a par value of US$0.0008 each; and (ii) 62,500,000 Class B ordinary shares with a par value of US$0.0008 each.

The board has also resolved that no fractional shares will be issued in connection with the Share Consolidation. Any fractional share entitlement arising from the consolidation ratio will be rounded to the nearest whole share at the participant level.

The Share Consolidation is also intended to streamline the Company’s share capital structure without changing existing shareholders’ proportional ownership interests or the current dual-class voting rights arrangement, while providing greater flexibility for potential future financings and capital markets activities.

About DirectBooking Technology Co., Ltd.

The Company is a holding company incorporated in the Cayman Islands, and its operations are conducted through its Hong Kong operating subsidiary, Primega Construction Engineering Co. Limited. The Company provides transportation services in Hong Kong’s construction industry and employs environmentally friendly practices with the aim of facilitating the reuse of construction and demolition materials and reducing construction waste. The Company primarily handles the transportation of materials excavated from construction sites. The Company’s services principally consist of (i) soil and rock transportation services and (ii) construction works, which mainly include excavation and lateral support works and bored piling. The Company generally provides its services as a subcontractor to other construction contractors in Hong Kong.

Safe Harbor and Informational Statement

This announcement contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company set forth herein and those preceded by or that include the words “believe,” “expect,” “anticipate,” “future,” “will,” “intend,” “plan,” “estimate” or similar expressions, are “forward-looking statements.” Although the Company’s management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company’s future results to differ materially from those anticipated. These forward-looking statements can change as a result of many possible events or factors, not all of which are known to the Company, which may include, without limitation, our ability to timely and accurately respond to changes in fashion trends and consumer preferences; management of customer concentration risk; reliance on third parties for supplies of raw materials, manufacturing services and transport infrastructure; changes in government policies; overall economic conditions and local market economic conditions; our ability to expand through strategic acquisitions and the establishment of new locations; compliance with government regulations; legislation or regulatory environments; geopolitical events; and other events and/or risks outlined in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date hereof, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

DirectBooking Technology Co., Ltd.

tanyu@primegaghl.com

FAQ

What is the 16-for-1 share consolidation for DirectBooking Technology (ZDAI) and when is it effective?

The consolidation is a 16-for-1 reverse split effective February 17, 2026. According to the company, every 16 Class A and Class B shares will be consolidated into one share and par values adjusted to US$0.0008 to meet Nasdaq requirements.

When will DirectBooking Technology (ZDAI) shares trade on a split-adjusted basis?

ZDAI is expected to trade on a split-adjusted basis when markets open on February 19, 2026. According to the company, the consolidation becomes effective February 17, 2026 and markets will reflect the adjusted share count on February 19.

How does the share consolidation affect DirectBooking Technology's (ZDAI) authorized share capital?

The company's total authorized capital remains US$250,000 after consolidation. According to the company, it will be reclassified to 250,000,000 Class A shares and 62,500,000 Class B shares with adjusted par values of US$0.0008.

Will DirectBooking Technology (ZDAI) issue fractional shares after the 16-for-1 consolidation?

No fractional shares will be issued as part of the consolidation. According to the company, any fractional entitlements will be rounded to the nearest whole share at the participant level.

Does the 16-for-1 consolidation change DirectBooking Technology's (ZDAI) ownership proportions or voting structure?

The consolidation does not change shareholders' proportional ownership or the dual-class voting arrangement. According to the company, the action is intended to streamline capital structure without altering ownership percentages or voting rights.