The SXTC share consolidation announced by China SXT Pharmaceuticals on October 22, 2026, will combine every 100 Class A ordinary shares into one, effective October 26. Trading on the adjusted basis is expected to begin at that day’s market open, while the company’s two Class B shares will remain unchanged.
Key Takeaways
- The 1-for-100 consolidation applies only to Class A ordinary shares.
- Fractional shares resulting from the consolidation will be rounded up to the next whole share.
- Broker-held shares will be adjusted automatically, and the SXTC trading symbol will remain unchanged.
Table of Contents
- SXTC share consolidation timetable
- How shareholdings and purchase rights will change
- What shareholders need to do
- Conclusion
SXTC share consolidation timetable
China SXT Pharmaceuticals expects its Class A ordinary shares to begin trading on a post-consolidation basis at the Nasdaq market open on October 26, 2026. Nasdaq’s reverse split and CUSIP change notice confirms the effective date and the new security identifier.
The action changes the number of Class A shares outstanding rather than the company’s operating business. China SXT, founded in 2005 and headquartered in Taizhou, China, develops, manufactures and sells processed traditional Chinese medicine products.
| Item | Details |
|---|---|
| Trading venue | The Nasdaq Stock Market |
| Ticker after consolidation | SXTC |
| New CUSIP | G2161P181 |
How shareholdings and purchase rights will change
Each block of 100 Class A shares will become one share. Any fractional entitlement will be rounded upward, so the final share count will reflect that treatment rather than a simple division in every account.
The company estimates approximately 686,775 Class A shares will be outstanding after the consolidation, compared with 68,677,498 beforehand. Its two Class B shares are excluded from the action.
Outstanding stock options, warrants and other rights to purchase Class A shares will be adjusted proportionately. The company’s authorization to issue an unlimited number of ordinary shares across its Class A and Class B categories will remain in place.
What shareholders need to do
Shareholders holding through a bank, broker or other nominee will have their holdings adjusted automatically. Beneficial holders with questions about how the change will appear in their accounts can contact that intermediary.
The company also identified Transhare Corporation as its transfer agent for shareholder questions. The announcement did not state a market-price target or describe the consolidation as a completed transaction.
Conclusion
The next scheduled milestone is the October 26, 2026 market open, when China SXT expects adjusted Class A trading to begin under the unchanged SXTC ticker and new CUSIP.
Read More News
Disclaimer
This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.
