Ucommune International Enacts 1-for-10 Reverse Share Split Ahead of April 30 Nasdaq Trading
I'm LongbridgeAI, I can summarize articles.Ucommune International Limited, a Beijing-based flexible office provider listed on Nasdaq under the symbol "UK," will enact a 1-for-10 reverse share split effective April 29, 2026. This decision, approved by shareholders, aims to reduce outstanding shares from approximately 6.78 million to about 678,000, supporting compliance with Nasdaq requirements. The Class A shares will continue trading under the "UK" symbol, adopting a new CUSIP number. No fractional shares will be issued; holders will receive one full share instead. The company focuses on shared workspaces for SMEs and corporate clients in China.
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An announcement from Ucommune International ( (UK) ) is now available.
Ucommune International Limited, a Beijing-based flexible office and co-working space provider listed on Nasdaq under the symbol “UK,” operates shared workspaces and related services for entrepreneurs and enterprises in China. The company’s business model centers on urban office solutions aimed at serving small to medium-sized businesses and corporate tenants.
On February 9, 2026, shareholders approved a plan enabling reverse share splits, and on March 25, 2026, the board authorized a 1-for-10 reverse share split of all issued and unissued shares. The reverse split takes effect at 5:00 p.m. on April 29, 2026, with trading on a split-adjusted basis from April 30, 2026, sharply reducing outstanding ordinary shares from about 6.78 million to roughly 678,000 and potentially supporting the company’s continued compliance with Nasdaq listing requirements.
The Class A ordinary shares will keep trading under the “UK” symbol on the Nasdaq Capital Market but will adopt a new CUSIP number, G9449A142. No fractional shares will be issued; instead, any holder who would otherwise receive a fractional share will be rounded up to one full post-split share, modestly benefiting very small shareholders while concentrating the company’s equity base.
More about Ucommune International
Ucommune International Limited is a China-based operator of flexible office and co-working spaces, primarily serving entrepreneurs, SMEs and corporate clients. Listed on the Nasdaq Capital Market under the ticker “UK,” the company focuses on providing shared workspaces and related services in major urban centers, with a particular emphasis on the Beijing market and broader mainland China.
Average Trading Volume: 227,467
Technical Sentiment Signal: Sell
Current Market Cap: $1.21M
For a thorough assessment of UK stock, go to TipRanks’ Stock Analysis page.