Meiwu Technology Announces 1-for-20 Reverse Stock Split

March 29, 2025 by No Comments

SHENZHEN, China, March 28, 2025 — Meiwu Technology Company Limited (NASDAQ: WNW) (“WNW” or the “Company”) announced today that its Board of Directors approved a 1-for-20 reverse stock split of its ordinary shares, with no par value, on March 5, 2025. As a result, shareholders will receive one new ordinary share for every twenty shares they currently own. Trading is expected to begin on a split-adjusted basis at the market’s open on April 1, 2025.

The reverse stock split is anticipated to cause the company’s ordinary shares to trade at roughly twenty times the pre-split price per share. However, the company cannot guarantee that the post-split share price will accurately reflect the 1-for-20 ratio, maintain that price for any duration, or remain above the pre-split trading price.

As of March 21, 2025, Meiwu Technology had approximately 63.3 million ordinary shares outstanding. The 1-for-20 reverse split will reduce this number to approximately 3.2 million. The number of authorized shares will remain unchanged.

Treatment of Stock Options and Restricted Shares

The number of ordinary shares underlying the company’s outstanding stock options and restricted shares, as well as the options’ exercise price per share, will be adjusted proportionally to reflect the reverse split.

Fractional Shares

Any fractional shares resulting from the reverse split will be rounded up to the nearest whole share by the broker.

New Ordinary Share Certificates

New share certificates will be issued as old certificates are submitted for exchange or transfer to the company’s transfer agent, TranShare Corporation (“TranShare”). Registered shareholders holding pre-split shares electronically in book-entry form do not need to take any action to receive post-split shares. Shareholders holding shares through a securities broker or nominee (i.e., in “street name”) will be contacted by their brokers or nominees with instructions. For further information, shareholders and securities brokers can contact TranShare at (303) 662-1112.

About Meiwu Technology Company Limited

Meiwu Technology Company Limited, incorporated in the British Virgin Islands on December 4, 2018, has strategically shifted its focus from online sales of high-quality food products and SMS services to the skincare sector. Currently, the company sells functional skincare products through Xiamen Chunshang Health Technology Co., Ltd. (“Chunshang Xiamen”), an indirect wholly-owned subsidiary in China.

Safe Harbor Statement

This release contains “forward-looking statements” as defined in the United States Private Securities Litigation Reform Act of 1995’s “safe harbor” provisions. The words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” variations of these words, and similar expressions (or their negative versions) identify forward-looking statements. These statements are not guarantees of future performance, conditions, or results. They involve known and unknown risks, uncertainties, assumptions, and other important factors, many outside the company’s control, that could cause actual results to differ materially from those discussed. Important factors include the ability to manage growth, identify and integrate future acquisitions, obtain future financing for capital expenditures, fluctuations in economic and business conditions, costs or other factors impacting profitability, litigation involving patents, intellectual property, and other matters, potential legislative and regulatory changes, and pandemics or epidemics. The forward-looking statements are also subject to other risks and uncertainties detailed in the company’s filings with the Securities and Exchange Commission, available at . The company does not undertake to update or revise any forward-looking statements, whether due to new information, future events, or otherwise, except as required by law. This information is current as of the release date.

For more information, please contact:
Zhichao Yang
Email:

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