Zhongchao Inc. Announces 1-for-2 Share Consolidation
Zhongchao Inc. (NASDAQ: ZCMD) announced a 1-for-2 share consolidation, effective October 2, 2026. The company's Class A and B shares will be consolidated, reducing the total outstanding shares. The move aims to maintain its listing on the Nasdaq Capital Market. The consolidation was approved by shareholders and the board of directors in September 2026.