Cango Announces July 20 Effective Date for 10-for-1 Share Consolidation

Cango (NYSE: CANG) announced a 10-for-1 share consolidation effective on July 20, following the NYSE's minimum-price deficiency notice. The move aims to address its Class A shares trading below $1 per share for an extended period and regain compliance with exchange requirements.

By Blockspace Staff Fri, July 10, 2026 at 5:00 PM GMT+3 2 min read · Yahoo Finance · July 10, 2026, 14:00 UTC

Cango Announces July 20 Effective Date for 10-for-1 Share Consolidation

Topics: capital structure NYSE compliance reverse stock split

Read the full article at Yahoo Finance

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