Wire
Zhongchao to Implement 1-for-3 Share Consolidation
Zhongchao (ZCMD) will implement a 1-for-3 share consolidation of its class A and class B ordinary shares effective June 29, to help maintain its Nasdaq listing, the company said Thursday.The company said the consolidated shares will continue trading on the Nasdaq under the same ticker symbol, but with a new CUSIP number.Zhongchao shares were down over 11% in premarket activity Thursday.Price: $0.36, Change: $-0.048, Percent Change: -11.63%
$ZCMD