tiprankstipranks
Company Announcements

Universe Pharmaceuticals Adjourns Extraordinary General Meeting Due to Lack of Quorum

Story Highlights
  • Universe Pharmaceuticals’ shareholder meeting was adjourned on February 17, 2025.
  • The meeting delay may affect the company’s strategic positioning and stakeholder relations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Universe Pharmaceuticals Adjourns Extraordinary General Meeting Due to Lack of Quorum

Discover the Best Stocks and Maximize Your Portfolio:

Universe Pharmaceuticals ( (UPC) ) just unveiled an announcement.

On February 17, 2025, Universe Pharmaceuticals INC attempted to hold an extraordinary general meeting of shareholders, but it was adjourned due to a lack of quorum. The meeting has been rescheduled for February 19, 2025, at the company’s headquarters in Ji’an, Jiangxi, China. This delay could impact the company’s ability to swiftly address shareholder concerns or enact proposed changes, potentially affecting its strategic positioning and stakeholder relations.

More about Universe Pharmaceuticals

Universe Pharmaceuticals INC operates in the pharmaceutical industry, focusing on the development and sale of traditional Chinese medicines. The company is based in Ji’an, Jiangxi, China, and caters primarily to the domestic market, emphasizing products that align with traditional Chinese medicinal practices.

YTD Price Performance: -74.34%

Average Trading Volume: 5,950,150

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.43M

See more data about UPC stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1