TIAN RUIXIANG Holdings Ltd. Announces 1-for-5 Share Consolidation
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TIAN RUIXIANG Holdings Ltd - Class A Ordinary Shares (TIRX)
Company Research
Source: GlobeNewswire
BEIJING, May 08, 2024 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd (Nasdaq: TIRX) (the "Company"), a China-based insurance broker conducting business through its variable interest entity in China, today announced that the Company held an extraordinary general meeting of shareholders on Monday, May 6, 2024, at which the shareholders approved the proposal for a 1-for-5 reverse share split of the Company's ordinary shares (the "Share Consolidation"). No fractional shares will be issued in connection with the Share Consolidation, and all fractional shares (after aggregating all fractional shares that would otherwise be received by a shareholder) resulting from the Share Consolidation will be rounded up to the whole number of shares. At the opening of trading on May 14, 2024, the Company's class A ordinary shares will begin trading on a post-Share Consolidation basis on the Nasdaq Stock Market under the symbol “TIRX”, with a new CUSIP number of G8884K128. The Share Consolidation is b
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TIRX
News
- TIAN RUIXIANG Holdings Ltd Regains Compliance with Nasdaq Minimum Bid Price Requirement and Receives an Extension on Compliance with Nasdaq Filing Requirement [Yahoo! Finance]Yahoo! Finance
- TIAN RUIXIANG Holdings Ltd Regains Compliance with Nasdaq Minimum Bid Price Requirement and Receives an Extension on Compliance with Nasdaq Filing RequirementGlobeNewswire
- TIAN RUIXIANG Holdings Ltd. Announces 1-for-5 Share Consolidation [Yahoo! Finance]Yahoo! Finance
TIRX
Sec Filings
- 6/10/24 - Form SC
- 6/10/24 - Form SC
- 6/7/24 - Form 6-K
- TIRX's page on the SEC website