Jayud Global Logistics (NASDAQ: JYD) enacts 50‑to‑1 share combination and raises par value
Rhea-AI Filing Summary
Jayud Global Logistics Limited is implementing a 50‑to‑1 share combination of its ordinary shares, so that every 50 existing shares (or part thereof) will be combined into one new share, with any fractional result rounded up to the next whole share. Following this change, the authorized share capital will move from
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Insights
Jayud is enacting a 50‑for‑1 share consolidation and raising par value.
The board of Jayud Global Logistics Limited approved a 50‑to‑1 share combination that consolidates every 50 ordinary shares into one, rounding any fractions up. This kind of action changes the number of shares each investor holds while keeping their proportional ownership broadly aligned, absent other changes.
At the same time, authorized share capital will shift from
FAQ
What share change did Jayud Global Logistics Limited (JYD) approve?
The board approved a Share Combination at a ratio of 50‑to‑1, so every 50 ordinary shares (or part thereof) are combined into one new share, with fractional shares rounded up to the next whole share.
How does the share combination affect Jayud Global Logistics Limited (JYD) authorized share capital?
Authorized share capital will change from
Will the number of authorized Class A and Class B shares for Jayud (JYD) change?
The filing states that authorized capital will remain at 480,000,000 Class A ordinary shares and 20,000,000 Class B ordinary shares, but each will now have a par value of
When will Jayud Global Logistics Limited (JYD) start trading on a post share‑combination basis?
The Class A ordinary shares will begin trading on the Nasdaq Stock Market on a post Share Combination basis once Nasdaq confirms the effective date and the new CUSIP number is made eligible. The Company intends to announce a press release when the Share Combination becomes effective.
Does the Jayud (JYD) filing mention any press release about the share combination?
Yes. The Company states that it will announce a press release when the Share Combination becomes effective, after Nasdaq confirms the effective date and the new CUSIP number.