Bitcoin Mining Firm Cango Completes 10-for-1 Reverse Stock Split and Will Adopt New CUSIP

Odaily Odaily reports that US-listed Bitcoin mining company Cango announced the completion of a 10-for-1 reverse stock split (10-for-1) at 5:00 PM Eastern Time on July 20, 2026, involving the company's authorized, issued, and outstanding Class A common stock and Class B common stock. The consolidated Class A common stock will resume trading on the New York Stock Exchange at the opening of the US stock market on July 21, 2026, under the ticker symbol "CANG", but will adopt a new CUSIP number G1820C 110.

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