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Zhongchao ( (ZCMD) ) has provided an announcement.
Zhongchao Inc., a Cayman Islands–incorporated company listed in the United States, reported developments regarding its Class A ordinary shareholders’ meeting schedule.
The company disclosed that its extraordinary general meeting of Class A shareholders, originally set for January 20, 2026, and adjourned that day due to a lack of quorum, again failed to reach a quorum within 30 minutes of the reconvened session on January 27, 2026. In line with its amended and restated memorandum of association, shareholders present were deemed a quorum, and they approved an adjournment proposal to give investors more time to review and vote on the meeting’s existing proposals. The Class A holders’ meeting has now been rescheduled to February 10, 2026, with the location, record date, and agenda unchanged, and previously submitted proxies remaining valid, a procedural step that underscores the company’s need to secure broader shareholder participation before acting on key matters.
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
Average Trading Volume: 143,839
Technical Sentiment Signal: Sell
Current Market Cap: $11.68M
Find detailed analytics on ZCMD stock on TipRanks’ Stock Analysis page.