Autozi Internet Technology implements 50-to-1 share consolidation

Autozi Internet Technology (Global) Ltd. (NASDAQ: AZI) will implement a 50-to-1 share consolidation effective December 12, 2025, according to a company statement. The board of directors approved the consolidation on November 12, 2025.

The consolidation aims to help the company regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on the exchange. Under the consolidation, every 50 ordinary shares outstanding will automatically combine into one share without requiring shareholder action.

Beginning December 12, 2025, the company's Class A ordinary shares will trade on the Nasdaq Global Market under the same "AZI" symbol but with a new CUSIP number, G06382116. No fractional shares will be issued, with shareholders receiving one share in lieu of any fractional share that would result from the consolidation.

The consolidation will change the company's authorized share capital structure. The total will remain $500,000 but will be divided into 9.6 billion Class A ordinary shares at $0.00005 par value each and 400 million Class B ordinary shares at $0.00005 par value each, compared to the current 480 billion Class A shares and 20 billion Class B shares at $0.000001 par value each.

Outstanding shares will decrease from approximately 130.5 million Class A shares to about 2.6 million Class A shares, and from 30.7 million Class B shares to approximately 613,102 Class B shares.

Autozi describes itself as a provider of automotive services in China, offering products and services through online and offline channels using supply chain cloud platforms and software-as-a-service solutions.

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