Wing Yip Food plans 4-for-1 share consolidation
Wing Yip Food Holdings Group Limited plans a 4‑to‑1 share consolidation of its ordinary shares, subject to shareholder approval on April 22, 2026 and Nasdaq approval.
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Rhea-AI Filing Summary
Wing Yip Food Holdings Group Limited plans a 4‑to‑1 share consolidation of its ordinary shares, subject to shareholder approval on April 22, 2026 and Nasdaq approval. If approved, every four existing ordinary shares will be combined into one share effective May 8, 2026.
Based on the current structure, total issued ordinary shares would move from 50,330,928 to 12,582,732, and the stated capital per share would change from 1,359 KRW to 5,437 KRW, with no reduction of registered capital. Trading is scheduled to halt from May 6 to June 1, 2026, with new shares expected to list on June 2, 2026.
Insights
WYHG plans a 4‑for‑1 reverse share consolidation without reducing capital.
Wing Yip Food Holdings Group Limited is consolidating every four ordinary shares into one, pending shareholder and Nasdaq approval. Issued ordinary shares would decrease from 50,330,928 to 12,582,732 while maintaining overall registered capital.
The company states the goal is to stabilize share circulation and enhance corporate value. Trading is expected to halt from May 6, 2026 to June 1, 2026, with new shares listed on June 2, 2026. Fractional shares under one share will be settled in cash at the closing price on the first trading day of the new listing.
Key Figures
Key Terms
trading halt period regulatory
FAQ
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What trading and listing dates did WYHG set around the consolidation?
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