Neo-Concept International sets 1-for-8 share consolidation for November 10
NCI•Neo-Concept International will consolidate its shares 1-for-8 at the Nasdaq market open on November 10, 2026, reducing outstanding ordinary shares to about 1,060,246 from 8,481,952. Par value will rise to $0.02 per share from $0.0025, and the shares will continue trading as NCI.
1. Consolidation details
Neo-Concept International will implement the 1-for-8 share consolidation at the Nasdaq market open on November 10, 2026. The company’s outstanding ordinary shares will fall to approximately 1,060,246 from 8,481,952, subject to fractional-share adjustments, while par value will increase to $0.02 per share from $0.0025. Class A ordinary shares will continue trading under the symbol NCI.
2. Further consolidations authorized
Shareholders authorized additional consolidations totaling up to 500-for-1 for two years from October 29, 2026; that authorization excludes the announced consolidation.
