Zhongchao held extraordinary shareholder meeting in New York
ZCMD•Extraordinary general meeting held on Sept. 18
Zhongchao held an extraordinary general meeting of shareholders on Sept. 18, 2026.
Shareholders authorized a 1-for-2 consolidation of Class A ordinary shares and Class B ordinary shares, effective 10 days after approval.
An adjournment resolution was not put to a vote.
Capital reduction, reorganization and amended articles adopted
A share capital reduction and reorganization was adopted, conditioned on the consolidation taking effect.
Shareholders also adopted amended and restated memorandum and articles of association, contingent on completion of the capital reduction and reorganization.
