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Universe Pharmaceuticals ( (UPC) ) has issued an announcement.
Universe Pharmaceuticals has announced an extraordinary general meeting on March 1, 2025, where shareholders will vote on a revised proposal to consolidate the company’s share capital at a ratio between 20:1 and 50:1. This decision comes after the board deemed it in the company’s best interest to revise the originally proposed 15:1 consolidation ratio. The outcome of this meeting could significantly impact the company’s market positioning and shareholder value.
More about Universe Pharmaceuticals
Universe Pharmaceuticals INC is a company incorporated in the Cayman Islands, primarily engaged in the pharmaceutical industry. It operates out of Ji’an, Jiangxi, China, and is listed on Nasdaq under the symbol UPC.
YTD Price Performance: -72.47%
Average Trading Volume: 5,508,001
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.59M
For an in-depth examination of UPC stock, go to TipRanks’ Stock Analysis page.