INLIF Limited Announces 1-for-16 Share Consolidation Effective April 2026
INLIF Limited (NASDAQ: INLF) has implemented a 1-for-16 share consolidation of all its authorized and issued ordinary shares, including both Class A and Class B shares. The consolidation was approved by the Board on March 20, 2026, and became effective with Nasdaq on April 6, 2026. As a result, the number of Class A ordinary shares outstanding was reduced to 13,025,000 and Class B ordinary shares to 781,250. The company stated this move is part of a strategic initiative to maintain compliance with Nasdaq's continued listing requirements while strengthening its long-term capital structure. The shares continue to trade on Nasdaq under the symbol "INLF" with a new CUSIP number G4808M118. The consolidation was previously authorized by shareholders at an extraordinary general meeting held on January 9, 2026, which gave the Board discretion to implement share consolidations within a 2:1 to 5,000:1 ratio range over three years.