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MicroAlgo ( (MLGO) ) has provided an announcement.
MicroAlgo Inc. announced the completion of its share capital reduction, a strategic move approved by shareholders during an Extraordinary General Meeting on July 2, 2025. This restructuring involved a share consolidation, an increase in authorized share capital, and a significant reduction in the par value of issued shares, which was confirmed by the Grand Court of the Cayman Islands on September 16, 2025. The capital reduction aims to optimize the company’s financial structure by transferring the credit arising from the reduction to a distributable reserve account, potentially improving financial flexibility and shareholder value.
More about MicroAlgo
MicroAlgo Inc. operates in the technology sector, focusing on algorithm-based solutions. The company is based in Shenzhen, China, and is involved in the development and application of advanced algorithms to enhance business processes and efficiencies.
Average Trading Volume: 555,600
Technical Sentiment Signal: Strong Sell
Current Market Cap: $130.1M
For detailed information about MLGO stock, go to TipRanks’ Stock Analysis page.