China Liberal Education Holdings Limited Announces Share Consolidation
China Liberal Education Holdings (CLEU) has announced a significant share consolidation plan effective March 3, 2025. The consolidation will combine every 80 ordinary shares with a par value of $0.225 into one ordinary share with a par value of $18.0.
Following the consolidation, CLEU will continue trading on the Nasdaq Capital Market under the same symbol but with a new CUSIP number G2161Y133. All fractional shares will be rounded up to the nearest whole number. Post-consolidation, the company's authorized share capital will be $225,000,000, divided into 12,500,000 ordinary shares of $18.0 par value each.
China Liberal Education Holdings (CLEU) ha annunciato un piano significativo di consolidamento delle azioni che entrerà in vigore il 3 marzo 2025. Il consolidamento unirà ogni 80 azioni ordinarie con un valore nominale di $0.225 in una azione ordinaria con un valore nominale di $18.0.
Dopo il consolidamento, CLEU continuerà a essere quotata sul Nasdaq Capital Market con lo stesso simbolo ma con un nuovo numero CUSIP G2161Y133. Tutte le azioni frazionarie saranno arrotondate al numero intero più vicino. Dopo il consolidamento, il capitale sociale autorizzato dell'azienda sarà di $225,000,000, suddiviso in 12,500,000 azioni ordinarie di valore nominale $18.0 ciascuna.
China Liberal Education Holdings (CLEU) ha anunciado un plan significativo de consolidación de acciones que entrará en efecto el 3 de marzo de 2025. La consolidación combinará cada 80 acciones ordinarias con un valor nominal de $0.225 en una acción ordinaria con un valor nominal de $18.0.
Después de la consolidación, CLEU continuará cotizando en el Nasdaq Capital Market bajo el mismo símbolo, pero con un nuevo número CUSIP G2161Y133. Todas las acciones fraccionarias se redondearán al número entero más cercano. Tras la consolidación, el capital social autorizado de la empresa será de $225,000,000, dividido en 12,500,000 acciones ordinarias de un valor nominal de $18.0 cada una.
차이나 리버럴 교육 홀딩스 (CLEU)는 2025년 3월 3일부터 시행되는 주식 통합 계획을 발표했습니다. 이 통합은 80주 보통주를 $0.225의 액면가로 1주 보통주로 통합하며, 액면가는 $18.0입니다.
통합 후, CLEU는 동일한 기호로 나스닥 자본 시장에서 계속 거래되지만 새로운 CUSIP 번호 G2161Y133이 부여됩니다. 모든 분할 주식은 가장 가까운 정수로 반올림됩니다. 통합 후 회사의 승인 자본금은 $225,000,000이며, 각 주식의 액면가는 $18.0인 12,500,000주 보통주로 나뉩니다.
China Liberal Education Holdings (CLEU) a annoncé un plan significatif de consolidation des actions qui prendra effet le 3 mars 2025. La consolidation combinera chaque 80 actions ordinaires avec une valeur nominale de $0.225 en une action ordinaire avec une valeur nominale de $18.0.
Après la consolidation, CLEU continuera à être cotée sur le Nasdaq Capital Market sous le même symbole mais avec un nouveau numéro CUSIP G2161Y133. Toutes les actions fractionnaires seront arrondies au nombre entier le plus proche. Après la consolidation, le capital social autorisé de l'entreprise sera de $225,000,000, divisé en 12,500,000 actions ordinaires d'une valeur nominale de $18.0 chacune.
China Liberal Education Holdings (CLEU) hat einen bedeutenden Aktienzusammenlegungs plan angekündigt, der am 3. März 2025 in Kraft tritt. Die Zusammenlegung wird jede 80 Stammaktien mit einem Nennwert von $0.225 in eine Stammaktie mit einem Nennwert von $18.0 umwandeln.
Nach der Zusammenlegung wird CLEU weiterhin unter dem gleichen Symbol am Nasdaq Capital Market gehandelt, jedoch mit einer neuen CUSIP-Nummer G2161Y133. Alle Bruchaktien werden auf die nächste ganze Zahl aufgerundet. Nach der Zusammenlegung wird das genehmigte Aktienkapital des Unternehmens $225,000,000 betragen, aufgeteilt in 12,500,000 Stammaktien mit einem Nennwert von jeweils $18.0.
- Rounding up of fractional shares benefits small shareholders
- Maintains Nasdaq listing compliance
- Significant share consolidation ratio of 80:1 indicates substantial share price decline
- Share consolidation suggests potential listing compliance issues
The Share Consolidation will be effective on March 3, 2025. Beginning with the opening of trading on March 3, 2025, the Company's ordinary shares will begin trading on a post-Share Consolidation basis on the Nasdaq Capital Market under the same symbol "CLEU" but under a new CUSIP number of G2161Y133. No fractional shares will be issued in connection with the Share Consolidation. All fractional shares will be rounded up to the whole number of shares. Immediately following the Share Consolidation, the authorized share capital of the Company will be
About China Liberal Education Holdings Limited
China Liberal is an educational services provider headquartered in Beijing,
Forward-Looking Statements
This document contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's expectations and projections about future events, which the Company derives from the information currently available to the Company. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those using terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. When evaluating these forward-looking statements, you should consider various factors, including our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as required by law. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it can provide no assurance that these expectations will prove to be accurate, and it cautions investors that actual results may differ materially from the anticipated results. Investors are encouraged to review the risk factors that may affect future results in the Company's most recent annual report on Form 20-F for the year ended December 31, 2023 and in its other filings with the SEC.
Investor Relations Contact
China Liberal Education Holdings Limited
Email: ir@chinaliberal.com
Ascent Investor Relations LLC
Tina Xiao
President
Phone: +1 646-932-7242
Email: investors@ascent-ir.com
View original content:https://www.prnewswire.com/news-releases/china-liberal-education-holdings-limited-announces-share-consolidation-302384251.html
SOURCE China Liberal Education Holdings Limited
FAQ
When will CLEU's share consolidation take effect?
What is the consolidation ratio for CLEU shares?
What happens to fractional shares in CLEU's consolidation?
What will be CLEU's new share structure after consolidation?
Will CLEU's trading symbol change after the share consolidation?
