DirectBooking Technology Co., Ltd. (Nasdaq: ZDAI) announced a 16-for-1 share consolidation effective February 17, 2026, to meet the minimum bid price requirement for continued listing on The Nasdaq Capital Market. Shares will trade on a split-adjusted basis under ZDAI starting February 19, 2026, without changing shareholders' proportional ownership or dual-class voting rights.
Key takeaways
Board approved 16-for-1 share consolidation by unanimous written resolutions dated January 23, 2026
Effective date: February 17, 2026; split-adjusted trading begins February 19, 2026
Every 16 Class A ordinary shares (par value US$0.00005) consolidate into 1 (par value US$0.0008)
Every 16 Class B ordinary shares (par value US$0.00005) consolidate into 1 (par value US$0.0008)
Authorized share capital unchanged at US$250,000: 250,000,000 Class A and 62,500,000 Class B shares
No fractional shares issued; rounded to nearest whole share at participant level