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Nano Labs Ltd Announces Upcoming Share Consolidation
Company Announcements

Nano Labs Ltd Announces Upcoming Share Consolidation

Nano Labs Ltd. Sponsored ADR Class A (NA) has released an update.

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Nano Labs Ltd, a prominent fabless integrated circuit design company in China, has scheduled its 2024 Annual General Meeting for October 23, where it will propose a share consolidation and the adoption of new company articles, alongside appointing MaloneBailey, LLP as its new independent auditor for the fiscal year. The share consolidation will result in a reduction of shares, with fractional shares being rounded up, effective October 29, pending shareholder approval. The company is known for its development of high-throughput and high-performance computing chips, with its advanced Cuckoo series chips, and further corporate information can be found on its investor relations website.

For further insights into NA stock, check out TipRanks’ Stock Analysis page.

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