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6-K2026-04-22· deepseek-chat

EHGO · Eshallgo Inc. Class A Ordinary Shares

0001185185-26-001460

SEC filing

Summary

Eshallgo Inc. announced a 1-for-16 reverse share split effective April 20, 2026, to regain compliance with Nasdaq's minimum bid price requirement.

Key takeaways

Full analysis

Eshallgo Inc. filed a Form 6-K on April 22, 2026, disclosing a 1-for-16 reverse share split of its Class A and Class B ordinary shares, effective at the open of Nasdaq on April 20, 2026. The reverse split was approved by shareholders at the annual general meeting on January 8, 2026, which authorized a consolidation ratio range of 1-for-10 to 1-for-200. The Board of Directors subsequently set the final ratio at 1-for-16 on April 10, 2026. The primary objective is to maintain compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share. As a result, each 16 pre-split shares of each class will combine into one post-split share, with par value increasing from $0.0001 to $0.0016. The total issued and outstanding Class A ordinary shares will decrease from approximately 26.51 million to approximately 1.66 million, and Class B ordinary shares from approximately 5.86 million to approximately 0.37 million. No fractional shares will be issued; shareholders will receive one full share in lieu of any fractional entitlement. The trading symbol remains 'EHGO', but the CUSIP number changes to G3121H111. This corporate action is a standard mechanism to address listing standards and does not alter shareholders' proportional ownership, except for minor adjustments from fractional share treatment.