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HANGZHOU, China, Feb. 27, 2024 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (the 'Company') (Nasdaq: CJJD), a Cayman Islands exempted company, reported that it expects to implement a 1-for-20 reverse stock split on its ordinary shares ('Ordinary Shares') effective Friday, March 1, 2024, with trading to begin on a split-adjusted basis at the market open on that day.
中国杭州,2024年2月27日/PRNewswire/--开曼群岛豁免公司China Jo Jo Drugstores,Inc.(以下简称“公司”)(纳斯达克:CJJD)报告称,预计将对其普通股(“普通股”)实施20比1的反向股票分割,自2024年3月1日(星期五)起生效,交易将在当天公开的市场上以分割调整后的方式开始。
Trading in the Ordinary Shares will continue on the Nasdaq Capital Market under the symbol 'CJJD'. The new CUSIP number for the Ordinary Shares following the reverse stock split is G2124G 120..
普通股的交易将继续在纳斯达克资本市场上进行,代码为“CJJD”。反向股票分割后普通股的新CUSIP编号为G2124G 120。。
Upon the effectiveness of the reverse stock split, every 20 shares of the Company's issued and outstanding Ordinary Shares, par value $0.012 per share, will automatically be converted into one issued and outstanding Ordinary Share, par value $0.24 per share. No fractional shares will be issued as a result of the reverse stock split.
反向股票分割生效后,公司已发行和流通的普通股每20股(每股面值0.012美元)将自动转换为一股已发行和流通的普通股,每股面值0.24美元。反向股票分割不会产生零股发行。
Instead, any fractional shares that would have resulted from the split will be rounded up to the next whole number. The reverse stock split affects all shareholders uniformly and will not alter any shareholder's percentage interest in the Company's outstanding Ordinary Shares, except for adjustments that may result from the treatment of fractional shares..
相反,拆分产生的任何零碎股份将被四舍五入到下一个整数。反向股票分割统一影响所有股东,不会改变任何股东在公司已发行普通股中的百分比权益,但因处理零散股而可能产生的调整除外。。
The reverse stock split at a ratio of 1-for-20 shares was approved by the Company's board of directors and its shareholders. The Company is to file a Third Amended and Restated Memorandum and Articles of Association with the Cayman Islands Registrar of Companies effective March 1, 2024.
该公司董事会及其股东批准了以1比20的比例进行反向股票分割。公司将于2024年3月1日向开曼群岛公司注册处提交第三份经修订和重述的备忘录和公司章程。
About China Jo-Jo Drugstores, Inc.
关于中国乔乔药店有限公司。
China Jo-Jo Drugstores, Inc. ('Jo-Jo Drugstores' or the 'Company'), is a leading online and offline retailer and wholesale distributor of pharmaceutical and other healthcare products and a provider of healthcare services in China. Jo-Jo Drugstores currently operates an online pharmacy and retail drugstores with licensed doctors on site for consultation, examination and treatment of common ailments at scheduled hours.
中国JoJo Drugstores,Inc.(“Jo-Jo Drugstores”或“公司”)是中国领先的线上和线下药品和其他医疗保健产品零售商和批发分销商,也是医疗保健服务提供商。JoJo Drugstores目前经营一家在线药店和零售药店,现场有持牌医生,在预定时间进行常见疾病的咨询、检查和治疗。
It is also a wholesale distributor of products similar to those carried in its pharmacies. For more information about the Company, please visit http://jiuzhou360.com. The Company routinely posts important information on its website..
它也是一家批发经销商,经销与其药店类似的产品。有关该公司的更多信息,请访问http://jiuzhou360.com.该公司定期在其网站上发布重要信息。。
Forward-Looking Statements
前瞻性声明
This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property.
本新闻稿包含有关公司对未来预期、计划和前景的看法的信息,这些信息构成了前瞻性声明。由于各种因素的影响,实际结果可能与历史结果或这些前瞻性陈述所表明的结果存在重大差异,包括但不限于与其筹集额外资金的能力相关的风险和不确定性,其维持和发展业务的能力,经营结果的可变性,其维持和增强品牌的能力,其新产品和服务的开发和引入,被收购公司、技术和资产成功整合到其产品和服务组合中,营销和其他业务发展举措,行业竞争,一般政府监管,经济条件,对关键人员的依赖,吸引、雇用和留住具有满足客户要求所需技术技能和经验的人员的能力,以及其保护能力其知识产权。
The Company's encourages you to review other factors that may affect its future results in the Company's annual reports and in its other filings with the Securities and Exchange Commission..
公司鼓励您在公司年报和向证券交易委员会提交的其他文件中审查可能影响其未来业绩的其他因素。。
For more information, please contact:
有关更多信息,请联系:
Company Contact:
公司联系人:
Frank Zhao
赵晓飞
Chief Financial Officer
首席财务官
+86-571-88077108
+86-571-88077108
frank.zhao@jojodrugstores.com
frank.zhao@jojodrugstores.com
Investor Relations Contact:
投资者关系联系人:
Tina Xiao
蒂娜·肖
Ascent Investor Relations LLC
Ascent投资者关系有限公司
+1- 646-932-7242
+1- 646-932-7242
investors@ascent-ir.com
investors@ascent-ir.com
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SOURCE China Jo-Jo Drugstores, Inc.
来源:中国乔乔药店有限公司。
Company Codes: NASDAQ-SMALL:CJJD
公司代码:NASDAQ-SMALL:CJJD