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EShallGo shareholders approve 1-for-5 share consolidation

The consolidation is intended to help the company maintain compliance with Nasdaq’s closing-bid requirement of greater than $1.00.

(Moderate)

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Form Type
6-K

Rhea-AI Filing Summary

EshallGo Inc. shareholders approved a 1-for-5 share consolidation on October 10, 2026. Class A shares are expected to begin trading on a post-consolidation basis at market open on October 21, 2026, under the existing symbol EHGO.

Outstanding Class A shares decreased from approximately 5.5 million to approximately 1.1 million, while Class B shares decreased from 366,000 to 73,200. Fractional shares are rounded up to the nearest whole share at the participant level. The amended articles set authorized share capital at US$200 million, divided into 25 billion ordinary shares, with a par value of US$0.008 per share.

Filing Explained

The company says the one-for-five consolidation was intended to maintain compliance with Nasdaq’s rule requiring a closing bid price above $1.00.

Share consolidation ratio 1-for-5 Shareholders approved the consolidation on October 10, 2026
Class A shares before consolidation Approximately 5.5 million shares Before the share consolidation
Class A shares after consolidation Approximately 1.1 million shares After the share consolidation
Class B shares before consolidation 366,000 shares Before the share consolidation
Class B shares after consolidation 73,200 shares After the share consolidation
Par value $0.008 per share Post-consolidation Class A and Class B ordinary shares
Authorized ordinary shares 25 billion shares Post-consolidation authorized share capital
Authorized share capital $200 million After the share consolidation
Share Consolidation technical
"the “Share Consolidation”"
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.
fractional shares technical
"Any fractional shares resulting from 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.
authorized share capital financial
"The authorized share capital of the Company after the Share Consolidation"
The maximum number of shares a company is legally allowed to issue according to its governing documents. Think of it as the size of the blank checkbook a company keeps for selling ownership stakes: it sets an upper limit but does not mean all shares are in circulation. Investors care because a larger authorized amount makes it easier for the company to raise money or grant stock-based pay, which can dilute existing holdings and affect control and value per share.
par value financial
"ordinary shares of a par value of US$0.008 each"
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.
Nasdaq Listing Rule 5810(c)(3)(A) regulatory
"maintain compliance with Nasdaq Listing Rule 5810(c)(3)(A)"
Split Ratio 1-for-5 reverse split
Effective Date October 21, 2026
Shares Before Split 5,500,000
Shares After Split 1,100,000
Other Share Class After Split 73,200

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is EHGO's share consolidation ratio?

EshallGo's shareholders approved a 1-for-5 consolidation of its Class A and Class B ordinary shares on October 10, 2026.

When will EHGO shares begin trading after the consolidation?

Class A shares are expected to begin trading on a post-consolidation basis at market open on October 21, 2026, under the existing symbol EHGO.

How are fractional shares handled in EHGO's consolidation?

Any fractional shares resulting from the consolidation will be rounded up to the nearest whole share at the participant level.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates

 

 

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 August 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  ☐

 

 

 

 

 

 

EXPLANATORY NOTE

 

As previously disclosed by Eshallgo Inc (the “Company”), at the Extraordinary General Meeting of Shareholders held on October 10, 2026, the Company’s shareholders approved the consolidation of the Company’s issued and unissued Class A Ordinary Shares and Class B Ordinary Shares at a ratio of 1-for-5 (the “Share Consolidation”).

 

The Company’s Class A Ordinary Shares are expected to commence trading on a post-Share Consolidation basis at market open on the October 21, 2026 under the Company’s existing trading symbol “EHGO.”

 

Every five (5) outstanding Class A ordinary shares or Class B ordinary shares will be combined into and automatically became one post- Share Consolidation Class A ordinary shares or Class B ordinary shares, respectively. Any fractional shares resulting from the Share Consolidation will be rounded up to the nearest whole share at the participant level. The new CUSIP number following the August 2026 Share Consolidation will be G3121H129. 

 

The Share Consolidation reduced the number of outstanding shares of the Company from approximately 5.5 million Class A ordinary shares of a par value of US$0.0016 each and 366,000 Class B ordinary shares of a par value of US$0.0016 each to approximately 1.1 million Class A ordinary shares of a par value of US$0.008 each and 73,200 Class B ordinary shares of a par value of US$0.008 each, respectively. The authorized share capital of the Company after the Share Consolidation will be US$200,000,000 divided into 25,000,000,000 ordinary shares of a par value of US$0.008 each comprising (i) 22,500,000,000 class A ordinary shares of a par value of US$0.008 each and (ii) 2,500,000,000 class B ordinary shares of a par value of US$0.008 each.

 

The Share Consolidation is intended for the Company to maintain compliance with Nasdaq Listing Rule 5810(c)(3)(A), which requires issuers listed on Nasdaq to maintain a closing bid price of greater than $1.00.

 

For additional information regarding the Share Consolidation and the shareholder approval thereof, please refer to the Company’s Form 6-K filed on October 13, 2026. 

 

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 as Exhibit 1.1 is a copy of such fourth amended and restated memorandum and articles of association.

 

EXHIBIT INDEX

 

Exhibit No.   Description
1.1   Fourth Amended and Restated Memorandum and Articles of Association

 

1

 

 

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: October 19, 2026 By: /s/ Qiwei Miao
  Name:  Qiwei Miao 
  Title: Chief Executive Officer

 

2

 

Filing Exhibits & Attachments

1 document

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