Summary by Futu AI
Aidigong Maternal and Child Health Co., Ltd. ('Aidigong') announced that its share consolidation plan became effective on July 29, 2024 (Monday). The consolidation will result in every forty existing shares of HKD 0.01 each in the company's share capital, A-class and B-class convertible preferred shares being consolidated into one consolidated share of HKD 0.4 each. In addition, the stock color of the Company will change from pink to blue after the consolidation. The conversion prices of existing convertible preferred shares have been adjusted, from HKD 0.386 to HKD 15.44 per share for class A and from HKD 0.536 to HKD 21.44 per share for class B. In addition, the share consolidation has also adjusted the exercise price of unexercised incentive shares and the number of consolidated shares to be issued under the Company's share incentive plan. Wang Aier, Chairman of Aidigong, issued a notice on July 26, 2024, and confirmed the list of board of directors.