$MicroCloud Hologram (HOLO.US)$ MicroCloud Hologram Inc. (NA...
$MicroCloud Hologram (HOLO.US)$ MicroCloud Hologram Inc. (NASDAQ: HOLO) held its 2024 Annual General Meeting on September 27, 2024, where shareholders approved several key proposals. These include a 20-to-1 share consolidation, increasing the authorized share capital from $500,000 to $10,000,000, and adopting a dual-class share structure. The consolidation will reduce outstanding Class A Ordinary Shares from 410,883,973 to 20,544,198. The company aims to meet NASDAQ's minimum $1.00 per share requirement. Trading on a split-adjusted basis will begin on October 9, 2024, with a new CUSIP number. The consolidation also affects warrant exercise prices and the number of shares issuable upon exercise.
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powerful Capybara_10 : We are going on the highway . The bears continue to short, while we continue to buy in large quantities.