Lucas GC implements 40-to-1 share consolidation and dual-class structure

Go back to Lucas GC implements 40-to-1 share consolidation and dual-class structure

Lucas GC Limited Announces Effective Date of Share Consolidation and Dual-Class Share Structure

October 9, 2025 9:00 AM EDT

NEW YORK, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Lucas GC Limited (NASDAQ: LGCL) (Lucas or the Company), an artificial intelligence (the AI) technology-driven Platform-as-a-Service (the PaaS) company whose technologies have been applied to the human resources and insurance industry verticals, today announced that it will effect a forty (40)-for-one (1) share consolidation of its issued and unissued ordinary shares, par value US$0.000005 per share and an adoption of dual-class share structure on October 13, 2025.

On May 5, 2025, the Companys shareholders voted and approved at the extraordinary general meeting to implement (i) a forty (40)-for-one (1) share... More