0001213900-26-053331
SEC filingWing Yip Food Holdings Group Limited approved a 1-for-4 share consolidation to meet Nasdaq's minimum bid price requirement, effective May 8, 2026.
The share consolidation is a strategic move to regain compliance with Nasdaq's minimum bid price rule and avoid delisting. The consolidation reduces outstanding shares from 50,330,928 to approximately 12,582,732, and ADSs from 2,357,500 to 589,375. The ADS consolidation lags the share consolidation by about three weeks, during which ADSs trade pre-consolidation. No fractional ADSs will be issued; instead, proceeds from aggregated fractional entitlements will be distributed. The company's symbol remains WYHG. This action is critical for maintaining Nasdaq listing and investor confidence.