STOCK TITAN

Wing Yip Food (WYHG) sets 4-for-1 share consolidation and trading halt

(Neutral)
(Neutral)
Form Type
6-K

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.

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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.

Consolidation ratio 4-to-1 Every four existing ordinary shares become one new share
Ordinary shares before consolidation 50,330,928 shares Total issued ordinary shares before consolidation
Ordinary shares after consolidation 12,582,732 shares Total issued ordinary shares after consolidation (subject to fractional adjustments)
Stated capital per share before 1,359 KRW Stated capital per share before consolidation, converted from RMB
Stated capital per share after 5,437 KRW Stated capital per share after consolidation, converted from RMB
Shareholder meeting date 2026-04-22 General meeting to approve share consolidation
Effective date of new shares 2026-05-08 Planned effective date of consolidated shares
New share listing date 2026-06-02 Scheduled listing date for consolidated shares
share consolidation financial
"approved a share consolidation of the Company’s ordinary shares at a ratio of 4-to-1"
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.
no-par value shares financial
"shares issued in accordance with the Hong Kong Companies Ordinance are no-par value shares"
stated capital per share financial
"The “Amount per Share” stated above represents the stated capital per share"
fractional shares financial
"For fractional shares of less than 1 share arising from the share consolidation, cash payment is planned"
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.
trading halt period regulatory
"Scheduled Trading Halt Period | Start Date | 2026-05-06"

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FAQ

What share consolidation did WYHG announce in this Form 6-K?

Wing Yip Food Holdings Group Limited approved a 4-to-1 share consolidation. Every four existing ordinary shares will be combined into one, subject to shareholder approval and Nasdaq consent, changing the share count but not reducing registered capital.

How will WYHG’s issued shares change after the 4-to-1 consolidation?

Issued ordinary shares are expected to move from 50,330,928 to 12,582,732. This reflects the 4-to-1 consolidation ratio, which reduces the number of shares outstanding while keeping the company’s overall registered capital unchanged under the Hong Kong no-par value regime.

When is WYHG’s share consolidation expected to take effect?

The consolidation is expected to become effective on May 8, 2026. This timing depends on approval at the general meeting of shareholders on April 22, 2026, along with required consent from The Nasdaq Stock Market LLC and coordination with relevant institutions.

Will WYHG pay cash for fractional shares from the consolidation?

Yes. For fractional shares of less than one share created by the consolidation, the company plans cash payments. The amount will be based on the closing price on the first trading day when the new consolidated shares start listing on the market.

What trading and listing dates did WYHG set around the consolidation?

Trading halt is scheduled from May 6, 2026 to June 1, 2026. The effective date of new consolidated shares is May 8, 2026, and the scheduled new share listing date is June 2, 2026, subject to coordination with relevant institutions and approvals.

What reason did WYHG give for implementing the share consolidation?

The company stated the consolidation aims to stabilize proper circulation of shares and enhance corporate value. It emphasized that this is a share consolidation measure rather than a capital reduction, so registered capital will not decrease as a result of the change.

 

 

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 April 2026

 

Commission File Number: 001-42407

 

Wing Yip Food Holdings Group Limited

 

No.9, Guanxian North Rd

Huangpu Town, Zhongshan City

Guangdong, China 528429

(Address of principal executive office)

 

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 ☒           Form 40-F

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

Share Consolidation

 

On March 30, 2026, the board of directors (the “Board”) of Wing Yip Food Holdings Group Limited (the “Company”) approved a share consolidation of the Company’s ordinary shares at a ratio of 4-to-1 (the “Share Consolidation”).

 

The Share Consolidation is expected to become effective on May 8, 2026, subject to the approval of the Company’s shareholders at the general meeting of shareholders to be held on April 22, 2026, and The Nasdaq Stock Market LLC. Upon the Share Consolidation becoming effective, every four (4) existing ordinary shares of the Company will be combined into one (1) ordinary share.

 

EXHIBIT INDEX

 

Exhibit No   Description
99.1   Announcement in respect of Share Consolidation

 

1

 

  

SIGNATURE

 

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.

 

  WING YIP FOOD HOLDINGS GROUP LIMITED
     
  By: /s/ Xiantao Wang
    Xiantao Wang
    Director and Chairman of the Board

 

Date: April 1, 2026

 

 

2

 

Exhibit 99.1

 

Resolution on Share Consolidation

 

 

1. Details of Share Consolidation

 

  Category Subcategory Before Consolidation After Consolidation
  Value per Share (KRW)   1,359 5,437
  Total Issued Shares Ordinary Shares (Shares) 50,330,928 12,582,732
  Total Issued Shares Preferred Shares (Shares) - -

 

2. Schedule of Share Consolidation

 

Event Sub-event Date
Scheduled General Meeting of Shareholders   2026-04-22
Old Share Submission Period Start Date -
Old Share Submission Period End Date -
Effective Date of New Shares   2026-05-08
Scheduled Trading Halt Period Start Date 2026-05-06
Scheduled Trading Halt Period End Date 2026-06-01
Nominee Service Suspension Date   -
Scheduled New Share Delivery Date   -
Scheduled New Share Listing Date   2026-06-02

 

3. Purpose of Share Consolidation

 

To stabilize the proper circulation of shares and enhance corporate value

 

 

 

4. Board Resolution Date

 

Board Resolution Date   2026-03-30
Participation of Independent Directors Attended (Persons) 3
Participation of Independent Directors Not Attended (Persons) -
Participation of Supervisors (Supervisory Committee Members who are not Independent Directors)   -

 

5. Other Matters for Investment Reference

 

1. This matter is a share consolidation for maintaining corporate value and does not constitute a capital reduction that would result in a decrease in registered capital.

 

2. The consolidation ratio for this share consolidation is 4:1.

 

3. The Company is a Hong Kong legal person, and the shares issued in accordance with the Hong Kong Companies Ordinance are no-par value shares. The “Amount per Share” stated above represents the stated capital per share. The stated capital per share is converted using the exchange rate announced by the Seoul Foreign Exchange Broker on March 30, 2026: 1 RMB = 217.91 KRW.

 

4. For fractional shares of less than 1 share arising from the share consolidation, cash payment is planned based on the closing price on the first trading day of the new shares’ listing.

 

5. In the above 1. Details of Share Consolidation, the total number of issued shares after consolidation may change due to fractional shares of less than 1 share.

 

6. The resolution for this share consolidation is a matter to be considered at the General Meeting of Shareholders and may be subject to change based on the results of the General Meeting of Shareholders.

 

7. The above schedule and detailed contents may be subject to change during the negotiation and processing with relevant institutions.

 

Relevant Disclosures

 

 

 

 

 

Filing Exhibits & Attachments

1 document