Zhibao 1-for-50 Reverse Split Effective Oct 9; Trading on Split-Adjusted Basis Oct 12
ZBAO is trading near its 52-week low of $0.058 (2.5% above the low) on light trading volume (0.1× avg).
Summary
Zhibao Technology confirmed its 1-for-50 reverse stock split will take effect October 9, 2026, with split-adjusted trading starting October 12. The move aims to restore compliance with Nasdaq's $1.00 minimum bid price rule.
Key Events · Corporate Governance and Compliance · ZBAO
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Reverse Split Condition Met
The September 29, 2026 closing bid price of $0.0805 was below the $0.12 threshold, satisfying the condition to proceed with the 1-for-50 reverse split.
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Effective Date Set
The reverse split becomes effective October 9, 2026, with Class A ordinary shares trading on a split-adjusted basis when the market opens October 12, 2026.
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Nasdaq Compliance Effort
The reverse split is designed to lift the share price above Nasdaq's $1.00 minimum bid requirement, following the deficiency notice received July 10, 2026.
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Capital Structure Changes
Par value increases from $0.0001 to $0.005 per share, and a new CUSIP number G989MC114 is assigned. The previously approved 1.5 billion share capital increase remains available.
Analysis · ZBAO · Finance
The reverse split is now confirmed to proceed after the September 29 closing price of $0.0805 fell below the $0.12 condition. The split takes effect October 9, with split-adjusted trading beginning October 12. This is a compliance-driven move to lift the share price above Nasdaq's $1.00 minimum bid requirement, following the deficiency notice received in July. The 1-for-50 ratio will reduce the share count dramatically, but the company also has a 1.5 billion share capital increase approved, which could offset the reduction if new shares are issued.
How filings like this one have moved
In the 30 days to Oct 8, 2026, 28.5% of the 1688 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.58%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ZBAO was trading at $0.06 on NASDAQ in the Finance sector, with a market capitalization of approximately $26.5M. The 52-week trading range was $0.06 to $1.34. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.