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Cango sets July 20 effective date for 10-for-1 share consolidation amid NYSE price deficiency
Yahoo Finance· 2026-07-10 22:00
Cango (NYSE: CANG) set July 20 as the date for a 10-for-1 consolidation of its Class A and Class B ordinary shares on Friday. Cango expects its Class A shares to begin trading on a post-consolidation basis when the New York Stock Exchange opens July 21. The ticker will remain CANG, while the shares will receive the new CUSIP number G1820C 110. Every 10 Class A shares will convert into one Class A share, with the same ratio applying to Class B shares. The action, commonly called a reverse split, reduce ...