MicroCloud Hologram Revamps Share Structure

MicroCloud Hologram (HOLO) has released an update.

MicroCloud Hologram Inc. has successfully conducted its 2024 Annual General Meeting, approving a share consolidation to meet NASDAQ’s minimum share price requirement, increasing authorized share capital, and creating a dual-class share structure to enhance corporate governance. The company’s Class A Ordinary Shares will soon trade on a split-adjusted basis, indicating strategic financial restructuring to maintain its listing and support future growth.

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