Meiwu Technology Company Limited Announces 1-For-100 Reverse Share Split
MWN-AI** Summary
Meiwu Technology Company Limited (NASDAQ: WNW) has announced a significant corporate action, implementing a 1-for-100 reverse share split, effective April 6, 2026. The decision was ratified by the company's board of directors on March 17, 2026. Following the reverse split, the number of outstanding ordinary shares will decrease from approximately 133 million to around 1.3 million, effectively scaling up the share price by approximately 100 times, although the company cautioned that the post-split price may not align exactly with the anticipated ratio.
The ordinary shares will continue to trade under the “WNW” ticker symbol on Nasdaq, adopting a new CUSIP number (G9604C131) following the adjustment. Notably, shareholders will not receive fractional shares; instead, any fractional interests will be rounded up to ensure holders receive whole shares.
This decision marks a part of Meiwu's strategic shift from online sales of food products and short message services to focusing primarily on the skincare industry via its subsidiary, Xiamen Chunshang Health Technology Co., Ltd. The company has positioned itself in the functional skincare market and is looking to enhance shareholder value through this reverse split.
TranShare Corporation will act as the exchange agent for this process, providing necessary instructions to shareholders, particularly those holding certificates. The company encourages shareholders to reach out to their financial institutions with any queries regarding procedural changes arising from the split.
This announcement also includes forward-looking statements about future performance, with a clear acknowledgment of potential risks, uncertainties, and other influential factors that could affect the company's trajectory. Meiwu Technology remains committed to adapting its strategies for growth and profitability.
MWN-AI** Analysis
Meiwu Technology Company Limited’s recent announcement of a 1-for-100 reverse share split is a significant event that investors should analyze carefully. The move, effective April 6, 2026, may initially suggest a strategy aimed at raising the share price to enhance its appeal to institutional investors and improve compliance with listing requirements on Nasdaq.
A reverse share split reduces the number of outstanding shares, which can give the impression of increased value per share. However, as with any reverse split, there is an inherent risk. The company expressly states that it cannot guarantee that the post-split share price will align with the split ratio, nor can it assure investors that the price will be sustained over the long term. This uncertainty introduces volatility, which may affect investor sentiment and trading behavior.
Investors should be cautious. While a higher share price following the split may appear positive, it does not intrinsically alter the fundamental value of the company. Meiwu’s core business transition toward skincare products could represent growth potential, yet it's essential to assess how well the company executes this strategy amidst existing market conditions and competition in the skincare sector.
Additionally, the elimination of fractional shares and rounding up to whole shares could lead to an unpredictable trading environment as liquidity may dwindle.
For those holding shares in the company, understanding the context behind this strategic decision is crucial. It’s advisable to closely monitor share performance post-split, along with any forthcoming financial reports and market analyses. Investors should also be vigilant of any external factors that may impact Meiwu's operations, such as regulatory changes or shifts in consumer demand, as these could influence share performance significantly in the near future.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
PR Newswire
SHENZHEN, China, April 1, 2026 /PRNewswire/ -- Meiwu Technology Company Limited ("WNW" or the "Company"), (NASDAQ: WNW) today announced that it will effect a reverse share split of its outstanding ordinary shares, no par value (the "Ordinary Shares"), at a ratio of 1-for-100.
Our Ordinary Shares will begin trading on a reverse share split-adjusted basis at the opening of The Nasdaq Capital Market ("Nasdaq") on April 6, 2026. Following the reverse share split, the Ordinary Shares will continue to trade on Nasdaq under the symbol "WNW" with the new CUSIP number, G9604C131. The reverse share split is expected to lead the Company's Ordinary Shares to trade at approximately 100 times the price per share at which it trades prior to the effectiveness of the reverse share split. The Company, however, cannot assure that the price of its Ordinary Shares after the reverse split will reflect the 1-for-100 reverse split ratio, that the price per share following the effective time of the reverse split will be maintained for any period of time, or that the price will remain above the pre-split trading price.
No fractional shares will be issued in connection with the reverse share split and all such fractional interests will be rounded up to the nearest whole number of Ordinary Shares.
The reverse share split will reduce the number of issued and outstanding shares of the Company's Ordinary Shares from 133,042,533 to approximately 1,330,426, subject to any adjustments resulting from the treatment of the fractional shares.
On March 17, 2026, the board of directors of the Company approved the reverse share split of the Ordinary Shares, at a ratio of 1-for-100.
TranShare Corporation is acting as the exchange agent and paying agent for the reverse share split. Shareholders holding their shares in book-entry form or in brokerage accounts need not take any action in connection with the reverse share split.
TranShare Corporation will provide instructions to any shareholders with certificates regarding the process in connection with the exchange of pre-reverse share split share certificates for ownership in book-entry form or share certificates on a post-reverse share split basis. Shareholders are encouraged to contact their bank, broker or custodian with any procedural questions.
About Meiwu Technology Company Limited
Meiwu Technology Company Limited is a British Virgin Islands company incorporated on December 4, 2018. Meiwu implemented a strategic transition of its business from online sales of selected high-quality food products and short message service to the skincare industry, and currently engages in the sale of the functional skincare products through Xiamen Chunshang Health Technology Co., Ltd. ("Chunshang Xiamen"), an indirect wholly owned subsidiary of Meiwu in China.
Safe Harbor Statement
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.
Contact
Meiwu Technology Company Limited
Zhichao Yang
Email: meiwuBS@usmeiwu.com
SOURCE Meiwu Technology Company Limited
FAQ**
How might the 1-for-100 reverse share split of Wunong Net Technology Company Limited WNW impact investor perception and market confidence in the company's future growth prospects?
What strategic reasons did Wunong Net Technology Company Limited WNW provide for implementing the reverse share split, and how could this decision affect its capital structure and share price volatility?
In light of the reverse share split, what considerations should current shareholders of Wunong Net Technology Company Limited WNW keep in mind regarding their investment strategy and potential market reactions post-split?
Given that no fractional shares will be issued in the reverse share split by Wunong Net Technology Company Limited WNW, how will this decision potentially influence shareholder equity and the company’s liquidity moving forward?
**MWN-AI FAQ is based on asking OpenAI questions about Meiwu Technology Company Limited (NASDAQ: WNW).
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