Universe Pharmaceuticals INC is consolidating 40 shares into one, effective March 24, 2025.

From GlobeNewswire: 2025-03-20 08:30:00

Universe Pharmaceuticals INC (NASDAQ: UPC) in China plans to consolidate 40 ordinary shares into one, effective March 24, 2025. Following the consolidation, each pre-consolidation share will convert to one new share. The company’s authorized share capital will be $140,625,000 divided into 11,250,000 ordinary shares and 1,250,000 preferred shares. Universe Pharmaceuticals specializes in traditional Chinese medicine products for the elderly, distributing biomedical drugs, medical instruments, and more. The company’s products are currently available in 30 provinces in China. For more information, visit their website at http://www.universe-pharmacy.com/.



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