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ICZOOM to implement 5-for-1 share consolidation Sept 15

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

ICZOOM Group Inc. (IZM) is implementing a 5-for-1 share consolidation of its authorized, issued, and outstanding shares, with a marketplace effective date of September 15, 2026, to help regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its Nasdaq listing.

From the start of trading on September 15, 2026, Class A ordinary shares will trade on a split-adjusted basis under symbol IZM with new CUSIP G4760B118. The number of issued and outstanding Class A ordinary shares will decrease from 8,188,610 to approximately 1,637,722, and Class B ordinary shares from 3,829,500 to approximately 765,900, with no fractional shares issued.

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Filing Explained

For the 5-for-1 consolidation announced for September 15, 2026, no fractional share will be issued; each shareholder will receive one whole share of the relevant class in lieu of any resulting fraction.

Share consolidation ratio 5-for-1 Authorized, issued, and outstanding shares consolidated at this ratio approved July 27, 2026
Effective trading date September 15, 2026 Date ICZOOM shares begin trading on a split-adjusted basis on Nasdaq
Board approval date July 27, 2026 Date ICZOOM’s board approved the 5-for-1 share consolidation
Class A shares pre-consolidation 8,188,610 shares Issued and outstanding Class A ordinary shares before share consolidation
Class A shares post-consolidation Approximately 1,637,722 shares Issued and outstanding Class A ordinary shares after 5-for-1 consolidation, subject to rounding
Class B shares pre-consolidation 3,829,500 shares Issued and outstanding Class B ordinary shares before consolidation
Class B shares post-consolidation Approximately 765,900 shares Issued and outstanding Class B ordinary shares after consolidation, subject to rounding
New CUSIP G4760B118 CUSIP number for ICZOOM Class A ordinary shares after split-adjusted trading begins
share consolidation financial
"to Effect Share Consolidation on September 15, 2026"
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.
Nasdaq Marketplace Rule 5550(a)(2) regulatory
"to enable the Company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2)"
Nasdaq Marketplace Rule 5550(a)(2) sets a minimum share price requirement for companies listed on the Nasdaq Capital Market, typically requiring that a company’s common stock maintain a closing bid of at least $1.00 per share. It matters to investors because failure to meet this threshold can trigger a delisting review, which is similar to failing a safety inspection: the stock may be removed from the exchange or force corporate actions (like a reverse split) that change liquidity, visibility, and how easy it is to buy or sell the shares.
split-adjusted basis financial
"Class A ordinary shares will trade on the Nasdaq Capital Market on a split-adjusted basis"
An adjustment to historical share prices and share counts that reflects past stock splits or reverse splits so that old data lines up with the current number of shares. Think of it like resizing an old photograph so it matches a new frame: it keeps price charts, returns and per‑share metrics comparable over time, which matters to investors who need accurate performance, valuation and trend analysis.
Class A ordinary shares financial
"the Company’s Class A ordinary shares will trade on the Nasdaq Capital Market"
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.
fractional shares financial
"No fractional shares will be issued to any shareholders 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.

FAQ

What share consolidation is ICZOOM Group Inc. (IZM) implementing?

ICZOOM is executing a 5-for-1 share consolidation, where each five ordinary shares will automatically combine into one issued and outstanding ordinary share, affecting both Class A and Class B ordinary shares.

When does the ICZOOM (IZM) share consolidation take effect?

The share consolidation becomes effective for marketplace trading on September 15, 2026. From the opening of trading that day, ICZOOM’s Class A ordinary shares will trade on a split-adjusted basis on the Nasdaq Capital Market.

How will ICZOOM’s Class A share count change after the consolidation?

The number of issued and outstanding Class A ordinary shares will be reduced from 8,188,610 to approximately 1,637,722 Class A ordinary shares, subject to adjustment for rounding as part of the 5-for-1 share consolidation.

How will ICZOOM’s Class B share count change after the consolidation?

The number of issued and outstanding Class B ordinary shares will decrease from 3,829,500 to approximately 765,900 Class B ordinary shares, consistent with the 5-for-1 consolidation ratio and subject to rounding adjustments.

What is the purpose of ICZOOM’s share consolidation?

The company states that the objective of the share consolidation is to enable ICZOOM to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on the Nasdaq Capital Market.

How will fractional shares be handled in ICZOOM’s share consolidation?

No fractional shares will be issued. Instead, each shareholder will be entitled to receive one share in lieu of any fractional share of that class that would otherwise result from the 5-for-1 share consolidation.

Will ICZOOM’s ticker or CUSIP change after the consolidation?

ICZOOM’s Class A ordinary shares will continue to trade under the symbol “IZM”, but will trade under a new CUSIP number, G4760B118, on a split-adjusted basis starting September 15, 2026.

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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 September 2026

 

Commission File Number: 001-41645

 

ICZOOM GROUP INC.

(Registrant’s Name)

 

Rooms 208-215, East Tower, FIYTA Building,

Huaqiangbei Street, Futian District,

Shenzhen, Guangdong Province, China

Tel: +86 755 8860 1310

(Address of Principal Executive Offices)

 

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

 

Form 20-F ☒      Form 40-F ☐

 

 

 

 

 

Information contained in this report

 

On September 11, 2026, ICZOOM Group Inc., a Cayman Islands exempted company (the “Company”), issued a press release announcing a share consolidation, which is furnished as Exhibit 99.1.

 

Exhibits

 

Exhibit No.   Description
99.1*   Press Release dated September 11, 2026

 

* Furnished herewith.

 

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.

 

  ICZOOM Group Inc.
     
Date: September 11, 2026 By: /s/ Lei Xia
  Name:  Lei Xia
  Title: Chief Executive Officer

 

2

 

Exhibit 99.1

 

ICZOOM Group Inc. to Effect Share Consolidation on September 15, 2026

 

Shenzhen, China, Sept. 11, 2026 (GLOBE NEWSWIRE) -- ICZOOM Group Inc. (“ICZOOM” or the “Company”) (Nasdaq: IZM), a B2B electronic component products e-commerce platform, today announced that the Company’s board of directors approved on July 27, 2026 that the authorized, issued, and outstanding shares of the Company be consolidated at a 5-for-1 ratio with the marketplace effective date of September 15, 2026.

 

The objective of the share consolidation is to enable the Company to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on Nasdaq.

 

Beginning with the opening of trading on September 15, 2026, the Company’s Class A ordinary shares will trade on the Nasdaq Capital Market on a split-adjusted basis, under the same symbol “IZM” but under a new CUSIP number, G4760B118.

 

As a result of the share consolidation, each five ordinary shares outstanding will automatically combine and convert to one issued and outstanding ordinary share without any action on the part of the shareholders. The number of issued and outstanding ordinary shares of the Company will be correspondingly reduced from 8,188,610 Class A Ordinary Shares to approximately 1,637,722 Class A Ordinary Shares and 3,829,500 Class B Ordinary Shares to approximately 765,900 Class B Ordinary Shares, subject to adjustment for rounding. No fractional shares will be issued to any shareholders in connection with the share consolidation, and each shareholder will be entitled to receive one share of the Company in lieu of the fractional share of that class that would have resulted from the share consolidation.

 

About ICZOOM Group Inc.

 

ICZOOM Group Inc. (Nasdaq: IZM) is primarily engaged in sales of electronic component products to customers in Hong Kong and mainland China through its B2B e-commerce platform. These products are primarily used by China based small and medium-sized enterprises (“SMEs”) in the consumer electronic industry, Internet of Things (“IoT”), automotive electronics and industry control segments. By utilizing latest technologies, the Company’s platform collects, optimizes and presents product offering information from suppliers of all sizes, all transparent and available to its SME customers to compare and select. In addition to the sales of electronic component products, the Company also provides services to customers such as temporary warehousing, logistic and shipping, and customs clearance.

 

Forward-Looking Statements

 

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events 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 “anticipate,” “estimate,” “plan,” “project,” “continuing,” “ongoing,” “expect,” “we believe,” “we intend,” “may,” “should,” “will,” “could” and similar expressions. The Company undertakes no obligation to update or revise publicly any 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 other filings with the U.S. Securities and Exchange Commission.

 

For more information, please contact:

 

ICZOOM Group Inc. 

Lei Xia 

Chief Executive Officer 

Email: iczoomir@mtxpack.com

 

Filing Exhibits & Attachments

1 document

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