STOCK TITAN

Recon Technology (RCON) enacts 1-for-200 reverse share consolidation and cuts float

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Recon Technology, Ltd approved a 1-for-200 share consolidation of its Class A Ordinary Shares, effective August 18, 2026, to increase the per-share trading price and provide greater flexibility to support the continued listing and marketability of its securities. On the effective date, every 200 issued and outstanding Class A Ordinary Shares will be automatically combined into one share, with any fractional entitlements rounded up to the next whole share and no cash paid for fractions. As of August 12, 2026, there were 192,644,726 Class A Ordinary Shares outstanding; after the consolidation, the company expects approximately 963,224 Class A Ordinary Shares outstanding, subject to rounding, while the 20,000,000 Class B Ordinary Shares remain unchanged. Authorized Class A capital will change from 3,000,000,000 shares at par value US$0.0001 to 15,000,000 shares at par value US$0.02, with authorized Class B shares and par value unchanged, and associated warrants and equity awards will be proportionately adjusted.

Positive

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Negative

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Filing Explained

At the August 18 Nasdaq open, electronic brokerage accounts will update automatically, while Class A shares move to a new CUSIP and retain RCON.

The approved 1-for-200 consolidation is scheduled to be reflected at the Nasdaq open on August 18, 2026; RCON remains the trading symbol, while the Class A Ordinary Shares receive the new CUSIP G7415M140.

For shares held electronically through a brokerage, the adjustment will appear automatically and requires no holder action. Holders of paper certificates may request replacement certificates from the transfer agent, but the filing directs them to confirm related costs and procedures first.

The report is incorporated by reference into the company’s existing Form S-8 and Form F-3 registration statements, except where later filings supersede it.

Share consolidation ratio 1-for-200 Class A Ordinary Shares consolidation approved July 1, 2026
Effective date August 18, 2026 Date Class A shares begin trading on a split-adjusted basis
Class A shares outstanding pre-consolidation 192,644,726 shares As of August 12, 2026
Expected Class A shares post-consolidation 963,224 shares After 1-for-200 consolidation, subject to rounding
Class B shares outstanding 20,000,000 shares Issued and outstanding Class B Ordinary Shares remain unchanged
Authorized Class A shares pre-consolidation 3,000,000,000 shares at US$0.0001 par Prior Class A authorized share capital
Authorized Class A shares post-consolidation 15,000,000 shares at US$0.02 par Revised Class A authorized share capital
Total authorized capital US$320,000 Remains divided between Class A and Class B Ordinary Shares
share consolidation financial
"approved a 1-for-200 share consolidation of the Company’s Class A 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.
Nasdaq Capital Market market
"Class A Ordinary Shares continue to trade on the Nasdaq Capital Market"
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.
Class A Ordinary Shares financial
"every 200 issued and outstanding Class A Ordinary Shares held by each shareholder"
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 Class A Ordinary Shares financial
"no fractional Class A Ordinary Shares will be issued and each shareholder’s fractional entitlement"
par value financial
"Class A Ordinary Shares of a nominal or par value of US$0.02 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.
authorized share capital financial
"the Company’s authorized share capital will be further amended immediately, from"
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.

FAQ

What share consolidation did Recon Technology (RCON) approve in 2026?

Recon Technology approved a 1-for-200 share consolidation of its Class A Ordinary Shares. Every 200 existing Class A shares will be automatically combined into one share, with fractional entitlements rounded up to the next whole share and no cash paid.

When does Recon Technology (RCON) 2026 share consolidation take effect?

The 1-for-200 share consolidation becomes effective on August 18, 2026. Class A Ordinary Shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market at the open of business on that date under the symbol RCON.

How will Recon Technology’s (RCON) outstanding shares change after the consolidation?

As of August 12, 2026, Recon Technology had 192,644,726 Class A shares outstanding. After the 1-for-200 consolidation, it expects approximately 963,224 Class A shares outstanding, subject to rounding, while 20,000,000 Class B shares remain unchanged.

How are Recon Technology (RCON) authorized shares and par value affected?

Authorized Class A capital will change from 3,000,000,000 shares at par US$0.0001 to 15,000,000 shares at par US$0.02. Authorized Class B capital remains 200,000,000 shares at par US$0.0001, with no consolidation of Class B shares.

What happens to Recon Technology (RCON) fractional shares in the consolidation?

No fractional Class A shares will be issued. Any fractional entitlement will be rounded up to the next whole share at the participant level for shares held through brokerage firms, and no cash payments will be made for fractions.

Will Recon Technology (RCON) adjust its warrants and equity awards after the consolidation?

Yes. The number of Class A shares issuable upon exercise of outstanding warrants and equity awards, and their applicable exercise prices, will be proportionately adjusted in accordance with their existing terms to reflect the 1-for-200 consolidation.

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

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Learn about SEC filing dates

 

 

 

U.S. SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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: 001-34409

 

RECON TECHNOLOGY, LTD

 

Room 601, No. 1 Shui’an South Street

Chaoyang District, Beijing, 100012

People’s Republic of China

(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   x Form 40-F  ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

 

 

 

 

 

 

Explanatory Note

 

On July 1, 2026, the board of directors (the “Board”) of Recon Technology, Ltd (the “Company”) approved a 1-for-200 share consolidation of the Company’s Class A Ordinary Shares (the “2026 Share Consolidation”), pursuant to the authority granted by the Company’s shareholders at the annual general meeting held on February 13, 2026 (the “AGM”). At that meeting, the shareholders approved one or more share consolidations of the Company’s authorized, issued and outstanding Class A Ordinary Shares at an aggregate ratio of up to 1-for-8,000, authorized the Board to determine the precise ratio and timing within two years after the AGM, and approved a rounding mechanism under which no fractional Class A Ordinary Shares will be issued and each shareholder’s fractional entitlement will be rounded up to the next whole Class A Ordinary Share.

 

Reason for the 2026 Share Consolidation

 

The objective of the 2026 Share Consolidation is to increase the per-share trading price of the Company’s Class A Ordinary Shares and provide the Company with greater flexibility to support the continued listing and marketability of its securities.

 

Effects of the 2026 Share Consolidation

 

Effective Date; Symbol; CUSIP Number.  The 2026 Share Consolidation will become effective on August 18, 2026, and will be reflected with the Nasdaq Capital Market and in the marketplace at the open of business on August 18, 2026 (the “Effective Date”), whereupon the Class A Ordinary Shares begin trading on a split-adjusted basis. In connection with the 2026 Share Consolidation, the Company’s Class A Ordinary Shares continue to trade on the Nasdaq Capital Market under the symbol “RCON” but trade under a new CUSIP number, G7415M140.

 

Split Adjustment; No Fractional Shares.  On the Effective Date, every 200 issued and outstanding Class A Ordinary Shares held by each shareholder will be automatically combined into one Class A Ordinary Share. No fractional Class A Ordinary Shares will be issued. Instead, any fractional entitlement will be rounded up to the next whole Class A Ordinary Share (at the participant level for shares held through a brokerage firm), and no cash payments will be made in respect of any fractional shares.

 

The Company’s Class B Ordinary Shares will not be consolidated or converted in connection with the 2026 Share Consolidation, and the number of issued and outstanding Class B Ordinary Shares will remain unchanged.

 

Non-Certificated Shares; Certificated Shares. Shareholders who are holding their shares in electronic form at brokerage firms do not have to take any action as the effect of the 2026 Share Consolidation will automatically be reflected in their brokerage accounts.

 

Shareholders holding paper certificates may (but are not required to) send the certificates to the Company’s transfer agent at the address given below. The transfer agent will issue a new share certificate reflecting the terms of the 2026 Share Consolidation to each requesting shareholder.

 

VStock Transfer, LLC

18 Lafayette Place

Woodmere, New York 11598

Tel: (212) 828-8436

Fax: (646) 536-3179

 

Please contact VStock Transfer, LLC for further information, related costs and procedures before sending any certificates.

 

Authorized Shares. At the time the 2026 Share Consolidation becomes effective, the Company’s authorized share capital will be further amended immediately, from: US$320,000 divided into 3,000,000,000 Class A Ordinary Shares of a nominal or par value of US$0.0001 each and 200,000,000 Class B Ordinary Shares of a nominal or par value of US$0.0001 each, to: US$320,000 divided into 15,000,000 Class A Ordinary Shares of a nominal or par value of US$0.02 each and 200,000,000 Class B Ordinary Shares of a nominal or par value of US$0.0001 each.

 

Capitalization.  As of August 12, 2026, the Company had 192,644,726 Class A Ordinary Shares issued and outstanding. After giving effect to the 2026 Share Consolidation, the Company expects to have approximately 963,224 Class A Ordinary Shares issued and outstanding (subject to adjustment due to the effect of rounding fractional shares into whole shares). The Company’s 20,000,000 issued and outstanding Class B Ordinary Shares will remain unchanged. The number of Class A Ordinary Shares issuable upon exercise of the Company’s outstanding warrants and equity awards, and the applicable exercise prices, will be proportionately adjusted in accordance with their respective terms.

 

This Report on Form 6-K is hereby incorporated by reference into the Company’s registration statements on Form S-8 (File No. 333-284867) and Form F-3 (File No. 333-292540), to the extent not superseded by documents or reports subsequently filed or furnished by the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934, as applicable.

 

 

 

 

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 hereunto duly authorized.

 

  RECON TECHNOLOGY, LTD.
   
Date: August 13, 2026 By: /s/ Liu Jia
    Name: Liu Jia
    Title: Chief Financial Officer