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[6-K] EShallGo Inc. Current Report (Foreign Issuer)

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6-K

Rhea-AI Filing Summary

Eshallgo Inc. has implemented a 1-for-16 share consolidation of its Class A and Class B ordinary shares, effective at the open of trading on April 20, 2026 on Nasdaq under the symbol EHGO.

The consolidation reduces outstanding Class A shares from about 26.51 million to about 1.66 million and Class B shares from about 5.86 million to about 0.37 million, with no fractional shares issued. Par value per share increases to $0.0016 and authorized ordinary shares are reduced to 31,250,000. The move is intended to help maintain compliance with Nasdaq’s minimum $1.00 bid price requirement.

Positive

  • None.

Negative

  • None.
Reverse split ratio 1-for-16 Class A and Class B ordinary shares
Class A shares outstanding before 26.51 million shares Pre-consolidation outstanding Class A ordinary shares
Class A shares outstanding after 1.66 million shares Post-consolidation outstanding Class A ordinary shares
Class B shares outstanding before 5.86 million shares Pre-consolidation outstanding Class B ordinary shares
Class B shares outstanding after 0.37 million shares Post-consolidation outstanding Class B ordinary shares
Par value per share after $0.0016 per share Class A and Class B ordinary shares post-consolidation
Authorized ordinary shares after 31,250,000 shares Total authorized ordinary shares post-consolidation
Nasdaq minimum bid price $1.00 per share Nasdaq Listing Rule 5550(a)(2) compliance objective
share consolidation financial
"the shareholders approved a share consolidation of the Company’s Class A ordinary shares and Class B ordinary shares"
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.
Reverse Split financial
"at a ratio of 1 for 16 shares (the “Reverse Split”)"
A reverse split is when a company reduces the number of its outstanding shares by combining several existing shares into one new share, so the price per share rises proportionally while the company’s overall value stays the same. Investors care because it can make a stock appear more respectable or meet exchange rules — like turning many small coins into a single larger bill — but it can also signal financial trouble and often affects trading liquidity and investor perception.
Nasdaq Listing Rule 5550(a)(2) regulatory
"intended for the Company to maintain compliance with Nasdaq Listing Rule 5550(a)(2)"
par value financial
"the par value of the Class A ordinary shares and Class B ordinary shares will be increased to $0.0016 per share"
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.
fractional shares financial
"No fractional shares will be issued in connection with the Share Consolidation"
Fractional shares are portions of a whole share of a stock or fund, allowing investors to own less than one full unit. They make it possible to invest a specific dollar amount rather than buy whole shares, like buying a slice of a pizza instead of the entire pie. For investors this lowers the cost barrier, helps with diversification, and lets you reinvest dividends or purchase expensive stocks in small, precise amounts.
memorandum and articles of association regulatory
"the Company amended and restated its memorandum and articles of association"
Memorandum and articles of association are the founding legal documents of a company: the memorandum sets out the company’s basic purpose and scope, while the articles act as its internal rulebook detailing how the company is run, who has what powers, and how decisions are made. For investors these documents matter because they define ownership rights, voting rules, limits on activities, and procedures for major changes—like a contract and rulebook that determine how their investment can be used and protected.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of April 2026

 

Commission File Number: 001-42154

 

Eshallgo Inc

 

No. 37, Haiyi Villa, Lane 97, Songlin Road

Pudong New District

Shanghai, China 200120

+86 400 100 7299

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒      Form 40-F ☐

 

 

 

 

 

 

As previously disclosed in the Current Report on Form 6-K of Eshallgo Inc(the “Company”) filed with the U.S. Securities and Exchange Commission on January 8, 2026, at an annual general meeting held on January 8, 2026 (the “Meeting”), the shareholders approved a share consolidation of all of the Company’s issued and unissued Class A ordinary shares and Class B ordinary shares, at a ratio of not less than 1-for-10 and not more than 1-for-200, with the final ratio to be determined by the Board of Directors in its sole discretion at any time after approval by the shareholders, and authorize the Board of Directors to implement such share consolidation at its discretion at any time prior to the one-year anniversary of the Meeting.

 

On April1 10, 2026, the Board of Directors of the Company approved a share consolidation  of all of the Company’s issued and unissued Class A ordinary shares and Class B ordinary shares at a ratio of one-for-sixteen (1-for-16) (the “Share Consolidation”).

  

Upon the opening of the market on April 20, 2026, the Company’s Class A ordinary shares began trading on the Nasdaq Capital Market (“Nasdaq”) on a post-Share Consolidation basis under the current symbol “EHGO”. The new CUSIP number following the Share Consolidation is G3121H111.

 

The Share Consolidation reduces the number of outstanding Class A ordinary shares of the Company from approximately 26.51 million to approximately 1.66 million and reduces the number of outstanding Class B ordinary shares of the Company from approximately 5.86 million to approximately 0.37 million. Every sixteen (16) outstanding Class A ordinary shares are combined into and automatically become one post-Share Consolidation Class A ordinary share. Every sixteen (16) outstanding Class B ordinary shares are combined into and automatically become one post-Share Consolidation Class B ordinary share. No fractional shares will be issued in connection with the Share Consolidation. Instead, the Company will issue one full post-Share Consolidation 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 Share Consolidation, the par value of the Class A ordinary shares and Class B ordinary shares will be increased to $0.0016 per share and the number of authorized ordinary shares will be reduced to 31,250,000 ordinary shares of a par value of US$0.0016 each comprising (i) 28,125,000 Class A ordinary shares of a par value of US$0.0016 each and (ii) 3,125,000 Class B ordinary shares of a par value of US$0.0016 each .

 

The March 2026 Share Consolidation is intended for the Company to maintain compliance with Nasdaq Listing Rule 5550(a)(2), which requires that listed shares maintain a minimum bid price of US$1.00 per share. 

  

In connection with the Share Consolidation, the Company amended and restated its memorandum and articles of association to reflect the adjustment of the number of authorized ordinary shares and the par value. Attached to this report on Form 6-K (this “Report”) as Exhibit 1.1 is a copy of such amended and restated memorandum and articles of association.

 

Attached to this Report as Exhibit 99.1 is a copy of the press release dated April 16, 2026 titled “Eshallgo Announces 1 for 16 Share Consolidation, dated April 16, 2026”

 

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EXHIBIT INDEX

 

Exhibit No.   Description
1.1   Third Amended and Restated Memorandum and Articles of Association
99.1   Press Release - Eshallgo Announces 1 for 16 Share Consolidation, dated April 16, 2026

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Eshallgo Inc
   
Date: April 22, 2026 By: /s/ Qiwei Miao
  Name:  Qiwei Miao
  Title: Chief Executive Officer

 

 

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Exhibit 99.1

 

 

Eshallgo Announces 1 for 16 Share Consolidation

 

Shanghai, China , April 16, 2026 (GLOBE NEWSWIRE) -- Eshallgo Inc. (“Eshallgo” or the “Company”) (Nasdaq: EHGO), a provider of integrated office and enterprise technology solutions, including AI-enabled tools, today announced a share consolidation of the Company’s issued and outstanding Class A ordinary shares and Class B ordinary shares at a ratio of 1 for 16 shares (the “Reverse Split”), which will take effect at the open of The Nasdaq Stock Market (“Nasdaq”) on April 20, 2026.

 

On January 8, 2026, the Company held an annual general meeting of the shareholders, and the shareholders approved to implement a share consolidation of the Company’s Class A ordinary shares and Class B ordinary shares, at a ratio of not less than 1-for-10 and not more than 1-for-200 (the “Range”), with the final ratio to be set at a whole number within the Range to be determined by the board of directors of the Company (the “Board”) in its sole discretion at any time after approval by the shareholders, and authorize the Board to implement such share consolidation at its sole discretion at any time prior to the one-year anniversary of the shareholders meeting. On April 10, 2026, the Board approved implementation of the Reverse Split at a ratio of 1 for 16 shares.

 

The objective of the Reverse Split is to enable the Company to maintain compliance with Nasdaq Listing Rule 5550(a)(2), which requires issuers listed on The Nasdaq Capital Market to evidence a minimum bid price of $1.00 per share.

 

Upon the open of trading on April 20, 2026, the Company’s Class A ordinary shares will begin trading on a Reverse Split-adjusted basis, under the same symbol “EHGO” but under a new CUSIP number, G3121H111.

 

As a result of the Reverse Split, each 16 Class A ordinary shares with a par value of $0.0001 will automatically combine and convert into one issued and outstanding Class A ordinary share with a par value of $0.0016, and each 16 Class B ordinary shares with a par value of $0.0001 will automatically combine and convert into one issued and outstanding Class B ordinary share with a par value of $0.0016. 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.

 

No fractional shares will be issued to any shareholders in connection with the Reverse Split, and each shareholder will be entitled to receive one full Class A ordinary share or Class B ordinary share, as applicable, in the Company in lieu of the fractional share that would have resulted from the Reverse Split.

 

At the time the share consolidation is effective, the Company’s total issued and outstanding Class A ordinary shares will change from approximately 26.51 million to approximately 1.66 million, and the Company’s total issued and outstanding Class B ordinary shares will change from approximately 5.86 million to approximately 0.37 million. The Company’s authorized shares will be proportionally reduced.

 

About Eshallgo, Inc.

 

Eshallgo, Inc. (Nasdaq: EHGO) is a digital-first office solution provider based in Shanghai, China. The Company offers integrated hardware, printing, software, and support services to small and mid-sized businesses. In 2025, Eshallgo expanded into enterprise AI with a suite of intelligent applications designed to support document management, workflow automation, smart procurement processes, and secure collaboration.

 

For more information and investor updates, visit ir.eshallgo.com and Follow us on social media: LinkedIn, Facebook, and X.

 

Forward-Looking Statements

 

All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

 

Company Contact

 

Qiwei Miao, Chief Executive Officer and Director of Eshallgo Inc.
ir@eshallgo.com

 

FAQ

What did Eshallgo (EHGO) announce in this Form 6-K?

Eshallgo announced a 1-for-16 share consolidation of its Class A and Class B ordinary shares. The consolidation reduces the number of issued and outstanding shares and adjusts par value and authorized share counts while keeping each investor’s ownership percentage largely unchanged.

How does Eshallgo’s 1-for-16 share consolidation affect outstanding shares?

Each 16 existing shares are combined into one new share. Outstanding Class A shares change from about 26.51 million to about 1.66 million, and Class B shares change from about 5.86 million to about 0.37 million, with similar proportional changes to authorized shares.

Why is Eshallgo (EHGO) doing a share consolidation?

The share consolidation is intended to help Eshallgo maintain compliance with Nasdaq Listing Rule 5550(a)(2). That rule requires companies listed on the Nasdaq Capital Market to maintain a minimum bid price of $1.00 per share for their listed stock.

When does Eshallgo’s reverse split take effect on Nasdaq?

The reverse split takes effect at the open of trading on April 20, 2026. From that date, Eshallgo’s Class A ordinary shares trade on a reverse split-adjusted basis on Nasdaq under the same ticker EHGO but with a new CUSIP number, G3121H111.

Will Eshallgo (EHGO) issue fractional shares in the reverse split?

Eshallgo will not issue fractional shares in the reverse split. Instead, any shareholder who would have been entitled to a fractional share will receive one full Class A or Class B ordinary share, as applicable, in lieu of the fractional amount.

Does Eshallgo’s share consolidation change investor ownership percentages?

The reverse split affects all shareholders uniformly, so ownership percentages generally stay the same. Each investor’s share count decreases by the same 1-for-16 ratio, aside from minimal differences that may result from rounding up fractional shares to whole shares.

Filing Exhibits & Attachments

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