Yueda Digital okays 1-for-10 share consolidation
Shareholders of Yueda Digital Holding approved a 1-for-10 share consolidation and related charter amendments, conditional on effectiveness tied to Nasdaq.
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Rhea-AI Filing Summary
Yueda Digital Holding (YDKG) reports that shareholders approved key resolutions at an Extraordinary General Meeting held on September 13, 2026. Shareholders authorized a 1-for-10 share consolidation of both Class A and Class B ordinary shares, with effectiveness tied to a date confirmed by Nasdaq or a date to which Nasdaq raises no objection. The consolidation changes each Class’s nominal value from US$0.0001 to US$0.001 and adjusts the authorized share capital from 360,000,000,000 Class A and 40,000,000,000 Class B shares to 36,000,000,000 Class A and 4,000,000,000 Class B shares, while keeping total authorized capital at US$40,000,000. No fractional shares will be issued; each shareholder will receive one whole share in lieu of any fractional entitlement. Shareholders also approved a fifth amended and restated memorandum and articles of association to reflect the consolidation, effective upon the same date.
Filing Explained
The approved 1-for-10 consolidation is not yet effective; Nasdaq confirmation is still required before holders’ share counts change.
As a Form 6-K interim report, the company states that shareholders approved a 1-for-10 consolidation at the
On that date, every ten issued or unissued Class A or Class B ordinary shares would become one share of the same class, with each shareholder receiving one share of that class instead of a resulting fractional share.
The approved Fifth Amended Memorandum and Articles of Association are expressly conditional on the consolidation and would take effect with it, while changing the authorized Class A and Class B counts from
No Effective Date is stated in this filing; Nasdaq's confirmation or lack of objection is the named next milestone for the share-count and governing-document changes.
Key Figures
Key Terms
Extraordinary General Meeting regulatory
memorandum and articles of association regulatory
Registrar of Companies regulatory
Form S-8 regulatory
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