Svmuu News: Cango, a mining company listed on the U.S. stock market (Bitcoin), announced that it completed a 10-for-1 stock consolidation plan at 5:00 p.m. Eastern Time on July 20, 2026,affecting the company’s authorized, issued, and outstanding Class A and Class B common shares.Trading in the consolidated Class A common stock will resume on the New York Stock Exchange at the opening of U.S. markets on July 21, 2026, under the same ticker symbol “CANG,” but with a new CUSIP number: G1820C 110.
Upon completion of the stock consolidation, Cango’s total authorized capital will remain at $100,000, divided into 100 million shares of common stock,each with a par value of $0.001, comprising 92,067,428 Class A common shares and 7,932,572 Class B common shares. (PRNewswire)