Golden Heaven Group to effect 15-for-1 share consolidation

Published 2 months ago Positive
Golden Heaven Group to effect 15-for-1 share consolidation
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Amusement parks operator Golden Heaven Group (NASDAQ:GDHG [https://seekingalpha.com/symbol/GDHG]) announced [https://seekingalpha.com/pr/20211132-golden-heaven-group-holdings-ltd-announces-15-for-1-share-consolidation] on Tuesday a 15-for-1 reverse stock split to regain compliance with Nasdaq rules, effective August 28.

Shares were -6.12% pre-market to $0.40.

The new CUSIP number will be G3959D133.

Total issued and outstanding class A ordinary shares will change to ~2.46M with a par value of $1.875 per share from 36.91M with a par value of $0.125 per share.

Issued and outstanding class B ordinary shares will change to ~71,574 with a par value of $1.875 per share from 1.07M with a par value of $0.125 per share.

MORE ON GOLDEN HEAVEN GROUP HOLDINGS

* Financial information for Golden Heaven Group Holdings [https://seekingalpha.com/symbol/GDHG/income-statement]