May. 22 at 11:34 AM
$CANG Looks like reverse split to stay listed? TO BE RESOLVED AS AN ORDINARY RESOLUTION THAT the authorized share capital of the Company, comprising both issued and unissued Class A ordinary shares of a par value of US
$0.0001 each (the “Class A Ordinary Shares”) and Class B ordinary shares of a par value of US
$0.0001 each (the “Class B Ordinary Shares”, and together with the Class A Ordinary Shares, the “Shares”), be consolidated (the “Share Consolidation”) at a ratio within a range of no consolidation to a maximum consolidation ratio of 10:1 and at such effective time as the board of directors of the Company (the “Board of Directors”) may determine and execute in its sole discretion, within 15 days of the EGM.
