STOCK TITAN

Neo-Concept (NASDAQ: NCI) enacts 8-for-1 share consolidation on May 19

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Neo-Concept International Group Holdings Ltd is implementing a share consolidation following shareholder approval at an Extraordinary General Meeting. The company will consolidate every eight existing issued and unissued shares of par value US$0.0003125 into one share of par value US$0.0025.

This consolidation will be reflected on the Nasdaq Capital Market at the open of business on May 19, 2026. The Class A ordinary shares will continue to trade under the symbol “NCI” but will use a new CUSIP Number, G6421C138. The company issued a press release on May 15, 2026 describing the change.

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Insights

Neo-Concept is enacting an 8-for-1 share consolidation that alters share count but not total equity value.

The company is consolidating every eight existing shares into one higher-par-value share, with Class A ordinary shares continuing to trade on the Nasdaq Capital Market under the symbol “NCI” and a new CUSIP. Such actions typically leave the company’s overall market value unchanged but increase the trading price per share mechanically.

The consolidation was approved at an Extraordinary General Meeting and will be effective on May 19, 2026 for Nasdaq trading. Subsequent disclosures in company filings can provide more detail on how the adjusted share structure interacts with future capital markets activity and investor liquidity.

Consolidation ratio 8 shares into 1 share Share consolidation approved and effective for Nasdaq on May 19, 2026
Old par value per share US$0.0003125 Par value of each Class A and Class B ordinary share before consolidation
New par value per share US$0.0025 Par value of each share after the 8-for-1 consolidation
Effective trading date May 19, 2026 Date consolidation is reflected on Nasdaq Capital Market
Trading symbol NCI Class A ordinary shares continue under same symbol after consolidation
New CUSIP Number G6421C138 Identifier for Class A ordinary shares after consolidation
Approval meeting date May 8, 2026 Extraordinary General Meeting where shareholders approved share consolidation
Latest possible effective date June 30, 2026 Outer limit set for effectiveness of the share consolidation
Share Consolidation financial
"a share consolidation (the “Share Consolidation”) was approved by the shareholders"
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.
Extraordinary General Meeting financial
"On May 8, 2026, Neo-Concept International ... held the Company’s Extraordinary General Meeting"
Nasdaq Capital Market market
"shall be reflected with the Nasdaq Capital Market and in the marketplace at the open of business"
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.
CUSIP Number financial
"Class A ordinary shares will continue trading under the symbol “NCI” and under the new CUSIP Number of G6421C138"
A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.
foreign private issuer regulatory
"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
forward-looking statements regulatory
"Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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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 May, 2026

 

Commission File Number: 001-42016

 

Neo-Concept International Group Holdings Ltd

(Registrant’s Name)

 

10/F, Seaview Centre

No.139-141 Hoi Bun Road

Kwun Tong

Kowloon, Hong Kong

(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 ☐

 

 

 

 

 

 

Submission of Matters to a Vote of Security Holders.

 

As previously disclosed, on May 8, 2026, Neo-Concept International Group Holdings Ltd (the “Company”) held the Company’s Extraordinary General Meeting (the “EGM”) , amongst which, one item of business was acted upon by the Company’s shareholders at the EGM, which was approved by the shareholders, that with effect from such date and time to be determined by the board of directors of the Company which in any event shall not be later than 30 June 2026 (the “Effective Date”):

 

(a) every three (3) to every four hundred (400) issued and unissued shares (namely, both class A ordinary shares of par value US$0.0003125 each and class B ordinary shares of par value US$0.0003125 each) in the share capital of the Company (the “Range”), with the exact ratio to be set at a specific number within the Range to be determined by the board of directors of the Company in their discretion by not later than the Effective Date (the “Consolidation Ratio”), be consolidated into one (1) share (the “Consolidation Share(s)”), and such Consolidated Share(s) shall have the rights and be subject to the restrictions set out in the Amended and Restated Memorandum and Articles of Association (the “Share Consolidation”), and that the board of directors of the Company be and is hereby granted with fully authority to determine the Consolidation Ratio by not later than the Effective Date;

 

(b) all fractional Consolidated Share(s) will not be issued to the shareholders of the Company and the Company is, to the extent permissible under applicable laws, regulations and the memorandum and articles of association of the Company, authorised to round up any fractional shares resulting from the Share Consolidation such that each shareholder will be entitled to receive one consolidated share in lieu of any fractional share that would have resulted from the Share Consolidation

 

(c) the board of directors of the Company be and is hereby granted with fully authority to determine the Effective Date failing which this resolution shall not take any effect;

 

(d) each director of the Company (the “Director”) be, and hereby is, authorized, approved and directed, on behalf of the Company, to execute such further documents and take such further actions as such Director shall deem necessary, appropriate or advisable in order to carry out the intent and purposes of this resolution, including without limitation, to cancel any old share certificate(s) and to issue and execute any new share certificate(s) representing the consolidated shares of the Company, and any and all actions already taken by such Director in connection with this resolution (including his/her prior execution and delivery of any document by such Director) be ratified, approved and confirmed and adopted in all respects; and

 

(e) the registered office provider of the Company be and is hereby instructed to make all such filings with the Registrar of Companies in the Cayman Islands to implement and give effect to the matters approved herein.

 

The Share Consolidation, within the Range that every eight (8) issued and unissued shares of the Company of US$0.0003125 par value each be consolidated into one (1) share of par value US$0.0025 each, will be reflected with the Nasdaq Capital Market and in the marketplace at the open of business on May 19, 2026, whereupon the class A ordinary shares will continue trading under the symbol “NCI” and under the new CUSIP Number of G6421C138.

 

On May 15, 2026, the Company issued a press release announcing the Share Consolidation. The full text of the Press Release is attached as Exhibit 99.1 to the Current Report on Form 6-K

 

Financial Statements and Exhibits.

 

The following exhibits are being filed herewith:

 

Exhibit No.   Description
99.1  

Press Release, dated May 15, 2026

 

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.

 

  Neo-Concept International Group Holdings Limited
     

Date: May 15, 2026

By: /s/ Eva Yuk Yin Siu
Name: Eva Yuk Yin Siu
  Title: Chief Executive Officer, Chairlady of the Board and Director

 

2

 

Exhibit 99.1

 

Neo-Concept International Announces Share Consolidation

 

HONG KONG, May 15, 2026 (GLOBE NEWSWIRE) – On May 8, 2026, Neo-Concept International Group Holdings Ltd (the “Company”) held the Company’s Extraordinary General Meeting (the “EGM”) , amongst which a share consolidation (the “Share Consolidation”) was approved by the shareholders, whereby every three (3) to every four hundred (400) issued and unissued shares (namely, both class A ordinary shares of par value US$0.0003125 each and class B ordinary shares of par value US$0.0003125 each) in the share capital of the Company (the “Range”), with the exact ratio to be set at a specific number within the Range to be determined by the board of directors of the Company in their discretion by not later than the Effective Date (the “Consolidation Ratio”), be consolidated into one (1) share (the “Consolidation Share(s)”), and such Consolidated Share(s) shall have the rights and be subject to the restrictions set out in the Amended and Restated Memorandum and Articles of Association (the “Share Consolidation”). The Share Consolidation was to be effective from such date and time to be determined by the board of directors of the Company which in any event shall not be later than 30 June 2026.

 

The Share Consolidation , within the Range that every eight (8) issued and unissued shares of the Company of US$0.0003125 par value each be consolidated into one (1) share of par value US$0.0025 each, shall be reflected with the Nasdaq Capital Market and in the marketplace at the open of business on May 19, 2026, whereupon the Class A ordinary shares will continue trading under the symbol “NCI” and under the new CUSIP Number of G6421C138.

 

About Neo-Concept International Group Holdings Limited

 

Neo-Concept International Group Holdings Limited (“NCI”) is a one-stop apparel solution services provider. It offers a full suite of services in the apparel supply chain, including market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management, serving customers located in the European and North American markets. It also sells its own branded fashion products under the brand “Les100Ciels” through retail stores in the UK and UAE, as well as the e-commerce platforms www.les100ciels.com and www.les100ciels.me.

 

NCI is dedicated to minimizing its environmental footprint by implementing various eco-friendly practices. It prioritizes recycling, clean processes, and traceable sourcing as part of its commitment to reducing environmental impact. Additionally, NCI actively seeks sustainable solutions throughout the garment production process, aiming to meet the needs of its customers in an environmentally responsible manner.

 

SAFE HARBOR STATEMENT

 

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 “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other 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 SEC, which are available for review at www.sec.gov.

 

Enquiries:

 

Neo-Concept International Group Holdings Limited Investor Relations Contact:

 

10/F, Seaview Centre

No.139-141 Hoi Bun Road

Kwun Tong, Kowloon, Hong Kong

(+852) 2798-8639

Email: ir@neo-ig.com

 

FAQ

What share consolidation did Neo-Concept International Group Holdings Ltd (NCI) approve?

Neo-Concept International approved a share consolidation where every eight issued and unissued shares of par value US$0.0003125 each will be combined into one share of par value US$0.0025. This changes share count and par value, but not the company’s aggregate equity value.

When will Neo-Concept International’s 8-for-1 share consolidation take effect on Nasdaq?

The 8-for-1 share consolidation will be reflected on the Nasdaq Capital Market at the open of business on May 19, 2026. From that date, trading will occur on a post-consolidation basis under the existing symbol but with a new CUSIP identifier.

Will Neo-Concept International’s stock symbol change after the share consolidation?

The stock symbol will remain “NCI” after the share consolidation. However, the Class A ordinary shares will trade under a new CUSIP Number, G6421C138, starting when the consolidation is reflected on the Nasdaq Capital Market on May 19, 2026.

How does the Neo-Concept International share consolidation affect fractional shares?

The company is authorized to round up fractional shares resulting from the consolidation so that each shareholder is entitled to receive one consolidated share in lieu of any fraction. This treatment is subject to applicable laws, regulations, and the company’s memorandum and articles of association.

Who approved the Neo-Concept International share consolidation and how was it authorized?

Shareholders approved the share consolidation at an Extraordinary General Meeting on May 8, 2026. The board of directors was authorized to determine the exact consolidation ratio within a range and to set the effective date, as well as to execute necessary documents and filings.

What par value changes result from Neo-Concept International’s 8-for-1 consolidation?

Before the consolidation, each Class A and Class B ordinary share had a par value of US$0.0003125. After the 8-for-1 consolidation, each resulting share will have a par value of US$0.0025, aligning the new single share with the combined nominal value of eight pre-consolidation shares.

Filing Exhibits & Attachments

1 document