Shengfeng Development shareholders back 1-for-15 share consolidation - SFWL News | RalliesShengfeng Development shareholders back 1-for-15 share consolidation
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SFWL• Share consolidation approved
- Shengfeng Development shareholders backed a 1-for-15 share consolidation for both Class A and Class B shares.
- The consolidation is set to take effect Sept. 4, 2026, or later if Nasdaq acceptance occurs later.
- Fractional shares will not be issued; entitlements will be rounded up to the next whole share.
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