March 28, 2025 - 11:42
SHENZHEN, China, March 28, 2025 -- Meiwu Technology Company Limited has announced a 1 for 20 reverse share split of its ordinary shares, a decision made by the Company’s Board of Directors on March 5, 2025. This strategic move aims to enhance the marketability of its shares and align the Company with listing requirements.
Under the terms of the reverse share split, shareholders will receive one new Ordinary Share for every twenty shares they currently own. This adjustment will reduce the total number of shares outstanding, potentially increasing the per-share price. The Company believes that this action could attract a broader range of institutional investors and improve liquidity in the stock market.
The reverse split will be effective following the close of trading on the specified date, and shareholders will be notified of the new share structure. Meiwu Technology is optimistic that this change will position the Company for future growth and stability in a competitive market landscape.
