Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
MicroAlgo ( (MLGO) ) has issued an update.
MicroAlgo Inc. held an Extraordinary General Meeting of Shareholders on July 2, 2025, at its headquarters in Shenzhen, China. During the meeting, all four proposed resolutions were passed. These included a 30-for-1 share consolidation, an increase in authorized share capital, a capital reduction and reorganization, and amendments to the company’s memorandum of association. The share consolidation and capital increase aim to enhance the company’s financial structure, while the capital reduction and reorganization, along with the M&A amendments, are pending approval from the Grand Court of the Cayman Islands.
More about MicroAlgo
Average Trading Volume: 32,807,274
Technical Sentiment Signal: Strong Sell
Current Market Cap: $42.12M
Learn more about MLGO stock on TipRanks’ Stock Analysis page.