#China Liberal #CLEU #Share Consolidation

China Liberal Education Holdings Limited Announces Share Consolidation

On December 20, 2024, China Liberal Education Holdings Limited (Nasdaq: CLEU), a leading provider of technological consulting services aimed at enhancing educational environments in China, revealed plans for a substantial share consolidation effective December 24, 2024. The company will combine fifteen (15) of its ordinary shares, each with a par value of $0.015, into a single ordinary share with a par value of $0.225. This strategic move is aimed at streamlining the company's share structure in line with its growth objectives.

Understanding the Share Consolidation Process

The process will be automatic, meaning shareholders will not need to take any action to participate in the consolidation. Every fifteen pre-consolidation shares will convert into one post-consolidation share, which is expected to strengthen the company's stock performance by reducing the total number of shares outstanding. This adjustment is positioned to enhance shareholder value and improve the company's capital structure.

Beginning with the market opening on December 24, the ordinary shares will start trading on the Nasdaq under the same ticker symbol,