$CCTG

CCSC Technology International Holdings Ltd

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CCSC Technology International Holdings Limited Announces 1-for-10 Reverse Stock Split Effective January 23, 2026

CCSC Technology International Holdings Limited (Nasdaq: CCTG) announced a 1-for-10 reverse stock split of its ordinary shares, effective January 23, 2026. This action is primarily intended to maintain compliance with Nasdaq's minimum bid price requirement. Fractional shares will be rounded up, and the split will not alter shareholders' percentage interest in the company, though the total number of outstanding Class A and Class B shares will be reduced proportionally.

CCSC Technology to implement 1-for-10 reverse stock split

CCSC Technology International Holdings Limited (Nasdaq:CCTG) announced a 1-for-10 reverse stock split, effective January 23, 2026, to comply with Nasdaq's minimum bid price requirement. This will reduce outstanding shares and shareholders' percentage interests will remain largely unchanged. The move follows a decline in revenue and widening net losses for the first half of fiscal year 2026, and a previous notification of non-compliance from Nasdaq.

CCSC Technology receives Nasdaq minimum bid price deficiency notice By Investing.com

CCSC Technology International Holdings Limited received a Nasdaq deficiency notice for failing to meet the minimum bid price requirement of $1.00 per share. The company's stock currently trades at $0.19, an 86% year-to-date decline, and it has until June 15, 2026, to regain compliance. Despite this, CCSC recently completed a public offering and is expanding its operations with a new European supply chain management center in Serbia.

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