The upcoming consolidation follows shareholder authorization granted during the November 2025 annual meeting, which empowered the board to implement reverse splits ranging from 1-for-40 to 1-for-5,000. Hitek previously executed a 1-for-50 split in April and a 1-for-3 split in late May. Following the latest adjustment, the par value of each Class A ordinary share will rise from $0.015 to $0.375.
In section Releases
Hitek Global Sets 1-for-25 Reverse Stock Split
Xiamen-based IT firm Hitek Global Inc. will execute a 1-for-25 reverse stock split on July 6, 2026, marking the company's third such consolidation of its Class A ordinary shares this year. The move aims to adjust the firm's equity structure, with shares continuing to trade under the ticker HKIT on the Nasdaq.
No fractional shares will be issued; instead, any resulting fractions will be rounded up to the nearest whole share. The company expects the total number of outstanding Class A ordinary shares to decrease from 19,996,492 to approximately 799,860, while the Class B share count remains unchanged at 8,192,000. Hitek, which provides IT consulting and tax control systems for businesses in China, will maintain its total authorized share capital at $316,000, reclassifying its equity distribution to accommodate the new share values.
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