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Nano Labs Ltd Announces Upcoming Share Consolidation
Company Announcements

Nano Labs Ltd Announces Upcoming Share Consolidation

Nano Labs Ltd. Sponsored ADR Class A (NA) has released an update.

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Nano Labs Ltd, a prominent fabless integrated circuit design company in China, has scheduled its 2024 Annual General Meeting for October 23, where it will propose a share consolidation and the adoption of new company articles, alongside appointing MaloneBailey, LLP as its new independent auditor for the fiscal year. The share consolidation will result in a reduction of shares, with fractional shares being rounded up, effective October 29, pending shareholder approval. The company is known for its development of high-throughput and high-performance computing chips, with its advanced Cuckoo series chips, and further corporate information can be found on its investor relations website.

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