$ZCMD

Zhongchao Inc. (NASDAQ: ZCMD) is seeking shareholder approval for an amended proposal allowing its board broad authority to implement one or multiple reverse stock splits over three years, with a cumulative ratio between 2:1 and 250:1. This move is primarily aimed at satisfying Nasdaq's minimum bid price requirement, as the company's Class A shares closed at US$0.62 on November 25, 2025. The company has adjourned shareholder meetings to allow more time for consideration of these proposals, which also include a significant increase in authorized share capital.