Universe Pharmaceuticals INC Announces Share Consolidation
Universe Pharmaceuticals Inc - Ordinary Shares (UPC)
Company Research
Source: GlobeNewswire
Jiangxi, China, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Universe Pharmaceuticals INC (NASDAQ: UPC) (“Universe Pharmaceuticals” or the “Company”), a pharmaceutical producer and distributor in China, today announced that the Company plans to effect a share consolidation of 15 ordinary shares with par value of US$0.01875 per share each in the Company’s issued and unissued share capital into one (1) ordinary share with par value of US$0.28125 (the “Share Consolidation”). As a result of the Share Consolidation, each 15 pre-consolidation ordinary shares outstanding will automatically combine and convert to one issued and outstanding ordinary share without any action on the part of the shareholders. The Share Consolidation was made effective at 5:00 p.m. Cayman Islands time on November 12, 2024. Beginning with the opening of trading on November 18, 2024, U.S. Eastern time, the Company’s ordinary shares will begin trading on a post-Share Consolidation basis on the Nasdaq Capital Market un
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News
- Univest Securities, LLC Announces Closing of $15 Million Registered Direct Offering for its Client Universe Pharmaceuticals INC (NASDAQ: UPC) [Yahoo! Finance]Yahoo! Finance
- Univest Securities, LLC Announces Closing of $15 Million Registered Direct Offering for its Client Universe Pharmaceuticals INC (NASDAQ: UPC)GlobeNewswire
- Universe Pharmaceuticals INC Receives Nasdaq Notification Regarding Minimum Bid Price DeficiencyGlobeNewswire
UPC
Sec Filings
- 12/12/24 - Form 6-K
- 12/9/24 - Form 424B5
- 11/13/24 - Form 6-K
- UPC's page on the SEC website