Autozi Internet Technology (AZI) discloses 50-for-1 share consolidation in SEC filing
Rhea-AI Filing Summary
Autozi Internet Technology (Global) Ltd. is carrying out a 50-for-1 share consolidation. This type of action combines 50 existing shares into 1 new share, changing the number of shares outstanding and the per-share price mechanics while keeping the company’s overall equity base intact. The company also provided a related press release as an exhibit to give more detail on the consolidation for investors.
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Insights
Autozi is implementing a 50-for-1 share consolidation, a structural share change.
Autozi Internet Technology (Global) Ltd. reports a 50-for-1 share consolidation, meaning every 50 existing shares will be combined into 1 new share. This is a change to the capital structure and share count rather than an operational or earnings-related development.
Share consolidations typically leave each holder’s proportional ownership in the company unchanged, but alter the number of shares and per-share figures. The company notes that it has furnished a press release as an exhibit, which is the primary source for additional terms and timing around this consolidation.
FAQ
What corporate action did Autozi Internet Technology (Global) Ltd. (AZI) report?
The company reported that it is carrying out a 50-for-1 share consolidation, combining 50 existing shares into 1 new share.
What does a 50-for-1 share consolidation mean for AZI shares?
A 50-for-1 share consolidation means every 50 existing ordinary shares are combined into 1 new share, changing the share count while keeping the company’s total equity unchanged.
Which additional document did Autozi (AZI) provide about the share consolidation?
Autozi furnished a press release as Exhibit 99.1, which is intended to provide further details on the 50-for-1 share consolidation.
Who signed the report for Autozi Internet Technology (Global) Ltd.?
The report was signed by Houqi Zhang, who serves as CEO and Chairman of the Board of Autozi Internet Technology (Global) Ltd.
When was Autozi’s 6-K report regarding the share consolidation dated?
The report related to the 50-for-1 share consolidation was dated December 9, 2025.