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Caravelle International ( (HTCO) ) has issued an announcement.
On January 3, 2025, Caravelle International Group announced a strategic rebranding and restructuring initiative, resulting in a name change to High-Trend International Group. Effective January 31, 2025, the company’s ordinary shares will be traded under the new name on the Nasdaq Capital Market, maintaining the same CUSIP number. This rebranding includes the reclassification of its shares into Class A and Class B Ordinary Shares, as well as the adoption of a second amended and restated memorandum and articles of association. These changes aim to enhance the company’s market positioning and operational framework.
More about Caravelle International
Caravelle International Group, now rebranded as High-Trend International Group, operates within the international business sector with a focus on providing diversified services and products. The company recently underwent a significant rebranding and restructuring process to redefine its market presence.
YTD Price Performance: -28.43%
Average Trading Volume: 146,845
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $166.6M
For detailed information about HTCO stock, go to TipRanks’ Stock Analysis page.
