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Zhongchao ( (ZCMD) ) has issued an announcement.
On January 20, 2026, Zhongchao Inc. reported that an extraordinary general meeting of Class A shareholders, originally scheduled for that day, was unable to proceed due to a lack of quorum and was automatically adjourned to January 27, 2026, with all existing proxies remaining valid and no changes to the agenda, location or record date. With a quorum present, the company commenced the all-shareholder extraordinary general meeting on January 20, 2026, but shareholders approved an adjournment to February 10, 2026 to allow more time to consider several capital structure proposals, and Zhongchao simultaneously issued a supplement amending Proposal No. 3 to give its board broad discretion over future share consolidations, while also seeking approval for a large increase in authorized share capital, related amendments to its memorandum and articles of association, and potential changes to Class B voting rights, signaling a significant pending reshaping of its capital structure and governance framework.
Spark’s Take on ZCMD Stock
According to Spark, TipRanks’ AI Analyst, ZCMD is a Neutral.
Zhongchao’s overall stock score is low primarily due to significant financial struggles, including negative cash flows and net losses. Technical analysis indicates a bearish trend, further weighing on the stock. Valuation metrics are also unfavorable, with a negative P/E ratio and no dividend yield, suggesting limited investor appeal at present.
To see Spark’s full report on ZCMD stock, click here.
More about Zhongchao
Zhongchao Inc. is a Cayman Islands–incorporated company listed on Nasdaq under the ticker ZCMD. While this filing does not restate its business lines, the company operates with a dual-class share structure of Class A and Class B ordinary shares and maintains a shareholder base that participates in U.S.-style proxy and corporate governance processes via extraordinary general meetings held in New York and governed by Cayman Islands law.
Average Trading Volume: 161,043
Technical Sentiment Signal: Sell
Current Market Cap: $12.63M
Learn more about ZCMD stock on TipRanks’ Stock Analysis page.