Farmmi Announces 1-for-12 Share Consolidation

LISHUI, China, March 12, 2025 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI) announced today that at the Company's annual general meeting on February 25, 2025, shareholders approved a consolidation of the Company's authorized shares at the ratio of one-for-twelve. The share consolidation will become effective with NASDAQ ("Nasdaq") and in the marketplace on March 17, 2025.The objective of the share consolidation is to enable the Company to regain compliance with Nasdaq Marketplace R ...