Bitcoin mining company Cango completes 10-for-1 reverse stock split and will adopt new CUSIP

Odaily Planet Daily News: Nasdaq-listed Bitcoin mining company Cango announced the completion of its 10-for-1 reverse stock split plan at 5:00 PM Eastern Time on July 20, 2026, affecting the company's authorized, issued, and outstanding Class A common stock and Class B common stock. The post-split Class A common stock will resume trading on the New York Stock Exchange at the market open on July 21, 2026, under the ticker symbol "CANG" but will have a new CUSIP number G1820C 110.

Following the reverse stock split, Cango's total authorized capital remains at $100,000, divided into 100 million common shares with a par value of $0.001 per share, comprising 92,067,428 Class A common shares and 7,932,572 Class B common shares. (PRNewswire)