ICZOOM Group Inc. will reduce Class A ordinary shares from 8,188,610 to approximately 1,637,722 through a share consolidation. The company says the move is intended to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its Nasdaq listing, while trading continues under IZM on a split-adjusted basis.

Key Highlights

  • Class B ordinary shares will decline from 3,829,500 to approximately 765,900, subject to rounding adjustments.
  • ICZOOM’s board approved the share consolidation on July 27, 2026.
  • Split-adjusted trading is scheduled to begin September 15, 2026, on the Nasdaq Capital Market under IZM.

ICZOOM Group Inc. (NASDAQ: IZM) will reduce its issued and outstanding Class A ordinary shares from 8,188,610 to approximately 1,637,722 through a share consolidation.

Class B Count Also Set to Fall

The corresponding Class B ordinary share count will move from 3,829,500 to approximately 765,900, subject to rounding adjustments. ICZOOM’s board approved the consolidation on July 27, 2026, with September 15, 2026 set as the marketplace effective date. Trading in the Class A ordinary shares will begin that day on a split-adjusted basis under IZM. Shareholders will not need to take action, and fractional shares will be replaced with a whole share of the applicable class.

Nasdaq Listing Objective

ICZOOM operates a B2B E-commerce platform serving customers in Hong Kong and mainland China with electronic component products. Its platform also provides temporary warehousing, logistics and shipping, and customs clearance services.