Cango effects 10-for-1 share consolidation

Reuters2026/09/03 10:12

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Cango executed a 10-for-1 share consolidation of its Class A ordinary shares and Class B ordinary shares, effective July 20, 2026.
Move supported its effort to regain NYSE compliance with the US$ 1 minimum share price standard.
NYSE confirmed compliance was restored as the 30-day average closing price ended Aug. 31, 2026 rose above US$ 1.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cango Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-041303), on September 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cango effects 10-for-1 share consolidation

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