INLIF Approves 1-for-16 Share Consolidation to Adjust Authorized Capital to US$350,000
INLIF will execute a 1-for-16 share combination effective April 6, 2026, reducing Class A shares outstanding to 13,025,000 and Class B shares to 781,250, and adjusting authorized capital to US$350,000 divided into 209,375,000 Class A and 9,375,000 Class B shares. The consolidation will trade under a new CUSIP G4808M118.
1. Share Consolidation Details
INLIF’s board approved a 1-for-16 share combination of both Class A and Class B ordinary shares, resulting in 13,025,000 Class A shares and 781,250 Class B shares outstanding after consolidation. The company also reset its authorized share capital to US$350,000, split into 209,375,000 Class A and 9,375,000 Class B shares at a par value of US$0.0016 each.
2. Compliance and Strategic Rationale
The consolidation is part of INLIF’s plan to maintain compliance with Nasdaq’s continued listing requirements by boosting its per-share price and strengthening its long-term capital structure. Management views the move as proactive, aimed at stabilizing listing status while preserving future financing flexibility.
3. Trading and CUSIP Changes
The share combination becomes effective at 9:30 a.m. Eastern Time on April 6, 2026, when Class A shares will begin trading on a consolidation-adjusted basis under the existing symbol. A new CUSIP, G4808M118, will replace the current identifier following the consolidation.