Big Tree Cloud implements dual-class structure, 1-for-20 reverse split
Big Tree Cloud Holdings Limited (NASDAQ: DSY) announced it completed a 1-for-20 reverse stock split and adopted a dual-class share structure following shareholder approval at an extraordinary general meeting held January 30, 2026.
The company's Class A ordinary shares will begin trading on the Nasdaq Capital Market February 23, 2026, continuing under the symbol "DSY" with a new CUSIP number G1263B132.
Under the reverse stock split, every 20 ordinary shares were consolidated into one ordinary share. The consolidation affects all shareholders uniformly and does not alter percentage ownership interests, except for adjustments from rounding up fractional shares to whole shares.
The dual-class structure redesignated the company's authorized share capital of $50,000 into 25,000,000 shares comprising 20,000,000 Class A ordinary shares and 5,000,000 Class B ordinary shares, each with a par value of $0.002.
Following the restructuring, 3,500,000 issued shares registered to PLOUTOS GROUP LIMITED were redesignated as Class B ordinary shares, while 1,251,873 shares held by various shareholders became Class A ordinary shares. The remaining authorized but unissued shares were allocated as 18,748,127 Class A shares and 1,500,000 Class B shares.
Big Tree Cloud, founded in 2020, operates as an international capital platform focused on industrial integration and strategic investment in China's personal care industry. The company stated it is expanding into the artificial intelligence sector.
All outstanding options, warrants and other securities granting rights to purchase ordinary shares will be adjusted according to their respective terms, according to the press release.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Getty Images strikes multi-year display deal with OpenAI for ChatGPT
- Senti Biosciences (SNTI) files for 15.97M share offering by selling stockholders
- Berenberg Starts LISI SA (FII:FP) at Buy
Create E-mail Alert Related Categories
Corporate News, Stock SplitsRelated Entities
Definitive Agreement, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share