Cango effects 10-for-1 share consolidation - CANG News | RalliesCango effects 10-for-1 share consolidation
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CANG• 10-for-1 share consolidation and NYSE compliance
- Cango executed a 10-for-1 share consolidation of its Class A ordinary shares and Class B ordinary shares, effective July 20, 2026.
- The move supported its effort to regain NYSE compliance with the US$ 1 minimum share price standard.
- NYSE confirmed compliance was restored as the 30-day average closing price ended Aug. 31, 2026 rose above US$ 1.
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