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Zhongchao Inc.Bullish
Zhongchao Inc. reported a significant decline in performance for the first half of 2026, with revenue of $0.84 million and a net loss of $5.44 million. The company is scaling down its existing business portfolio due to intensified competition and is adjusting its operations, having completed a 1-for-2 share consolidation and capital reduction effective September 28, 2026.…more
Zhongchao Inc.
Zhongchao Inc. approved a 1-for-2 share consolidation and a reduction and reorganization of share capital at its extraordinary general meeting held on September 18, 2026. Following these actions, the par value of Class A and Class B ordinary shares will be adjusted from $0.744 to $0.00001, with the consolidation becoming effective on September 28, 2026, ten days after the resolution.…more
Zhongchao Inc.
Zhongchao Inc. will hold an extraordinary general meeting of shareholders on September 18, 2026, to vote on a share consolidation and capital reorganization. The proposal includes a 1-for-2 reverse stock split for both Class A and Class B ordinary shares, followed by a reduction and reorganization of the authorized share capital to a par value of $0.00001 per share.…more
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Trading Halt and Resumption for Zhongchao Inc. (ZCMD)
Trading for Zhongchao Inc. (ZCMD) was temporarily halted and subsequently resumed. No specific details regarding the reason for the trading halt were provided.…more
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Zhongchao Inc. will implement a 1-for-2 reverse stock split of its ordinary shares starting October 2. While intended to consolidate shares, such actions are often viewed with caution by market participants.…more
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