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-0.00616860863605217 -0.0938999314599042 -0.166552433173406 -0.204934886908842 -0.236463331048663 -0.25496915695682 -0.203564084989719 -0.198080877313228
Stock impact report

Mingzhu Logistic Limited Announces 1-For-16 Reverse Share Split

MingZhu Logistics Holdings Limited - Ordinary Shares (YGMZ) 
Company Research Source: GlobeNewswire
SHENZHEN, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Mingzhu Logistics Holdings Limited (“Mingzhu” or the “Company”) (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced that it will effect a reverse share split of its outstanding ordinary shares, par value $0.008 per share (the “Ordinary Shares”), at a ratio of 1-for-16, to be effective at the open of business on Wednesday, November 12, 2025. Our Ordinary Shares will begin trading on a reverse share split-adjusted basis at the opening of The Nasdaq Capital Market (“Nasdaq”) on Wednesday, November 12, 2025. Following the reverse share split, the Ordinary Shares will have a new par value of $0.128 per share and will continue to trade on Nasdaq under the symbol “YGMZ” with the new CUSIP number, G6180C121. The reverse share split is intended for the Company to regain compliance with the minimum bid price requirement of $1.00 per Ordinary Share for continued listing on Nasdaq. No fractional Show less Read more
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