Baosheng media group holdings limited announces share consolidation

Beijing, china, march 21, 2023 (globe newswire) -- baosheng media group holdings limited (nasdaq: baos) (“baosheng” or the “company”), a china-based online marketing solution provider, today announced that the company plans to effect a share consolidation of six (6) ordinary shares with par value of $0.0016 per share each in the company's issued and unissued share capital into one (1) ordinary share with par value of us$0.0096 (the “share consolidation”). as a result of the share consolidation, each six (6) pre-consolidation ordinary shares outstanding will automatically combine and convert to one issued and outstanding ordinary share without any action on the part of the shareholders.
BAOS Ratings Summary
BAOS Quant Ranking