Summary by Moomoo AI
New Era Group Co., Ltd. (formerly known as Jiamin Group) announced that the share merger and change of trading units will take effect on March 25, 2024. After the shares are merged, each trading unit will be changed from 10,000 shares of existing shares to 20,000 shares of consolidated shares and will begin trading on the exchange at 9:00am on the same day. IN ADDITION, THE COMPANY'S OUTSTANDING SHARE OPTIONS WILL BE ADJUSTED IN ACCORDANCE WITH THE SHARE OPTION PLAN AND THE RELEVANT LISTING RULES. THE EXERCISE PRICE AND THE NUMBER OF CONSOLIDATED SHARES TO BE ISSUED WILL BE ADJUSTED ACCORDINGLY. The share option adjustment will also take effect on the same day. THE COMPANY'S INDEPENDENT FINANCIAL ADVISORS HAVE CONFIRMED THAT THE SHARE...Show More