WiMi Hologram Cloud ( (WIMI) ) has issued an update.
WiMi Hologram Cloud Inc. announced a 1-for-20 reverse share split effective April 14, 2025, following shareholder approval on March 25, 2025. This strategic move aims to increase the per-share trading price, attract a broader investor base, and comply with Nasdaq’s minimum bid price requirement. The reverse split will consolidate every twenty existing ordinary shares into one new share, reducing the total number of outstanding shares while maintaining shareholders’ proportional equity interests, except for adjustments related to fractional shares.
More about WiMi Hologram Cloud
WiMi Hologram Cloud Inc., established in 2015, is a leading provider of augmented reality (AR) services in China, operating a comprehensive holographic AR application platform. The company boasts a diverse holographic AR content library, with a portfolio of 4,654 AR holographic contents, and has achieved a significant advancement in image processing speed, outperforming industry averages.
YTD Price Performance: -53.81%
Average Trading Volume: 6,139,765
Technical Sentiment Signal: Strong Buy
For detailed information about WIMI stock, go to TipRanks’ Stock Analysis page.