• Zhongchao will execute a 1-for-2 share consolidation of its ordinary shares.
• Class A shares begin trading on a post-consolidation basis on Nasdaq on Oct. 2, 2026, under ZCMD.
• Issued Class A shares fall to about 4,333,378 from 8,666,755; Class B shares drop to about 103,361 from 206,721.
• Fractional entitlements will be rounded up to the next whole share.
• The move aims to maintain the company’s Nasdaq Capital Market listing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhongchao Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609300800PR_NEWS_USPR_____CN57310) on September 30, 2026, and is solely responsible for the information contained therein.