BTC Digital Ltd. Announces Share Consolidation
Meten Holding Group Ltd. - Ordinary Shares (METX)
Company Research
Source: PR Newswire
SHENZHEN, China, Aug. 23, 2023 /PRNewswire/ -- BTC Digital Ltd. ("BTC Digital" or the "Company") (NASDAQ: METX), a blockchain technology company, today announced that the Company plans to effect a share consolidation of twenty (20) ordinary shares with par value of $0.003 per share each in the Company's issued and unissued share capital into one (1) ordinary share with par value of US$0.06 (the "Share Consolidation"). As a result of the Share Consolidation, each twenty (20) pre-consolidation ordinary shares outstanding will automatically combine and convert into one issued and outstanding ordinary share without any action on the part of the shareholders.The Share Consolidation will be effective at 5:00 p.m. Cayman Islands time on August 23, 2023. Beginning with the opening of trading on August 24, 2023, the Company's ordinary shares will begin trading on a post-Share Consolidation basis on the Nasdaq Capital Market under the same symbol "METX" but under a new CUSIP number of G6055H 15
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