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News/Markets

Cango 10-for-1 share consolidation takes effect July 21

A 10-for-1 ratio is the number Cango Inc. (NYSE: CANG) applied to every authorized, issued and outstanding ordinary share, effective 5:00 P.M. U.S. on July 21, 2026. The Dallas company's announcement covers Class A and Class B ordinary…

By Warren Ashby·Jul 21, 2026·1 min read·markets

Key takeaways

  • Cango Inc. (NYSE: CANG) applied a 10-for-1 consolidation ratio to every authorized, issued and outstanding ordinary share, effective 5:00 P.M. U.S. on July 21, 2026.
  • The consolidation covers both Class A and Class B ordinary shares on the same 10-for-1 terms.
  • Cango is a Dallas-based company that trades on the New York Stock Exchange under the ticker CANG.
  • The share consolidation was announced and became effective on the same day, July 21, 2026.

A 10-for-1 ratio is the number Cango Inc. (NYSE: CANG) applied to every authorized, issued and outstanding ordinary share, effective 5:00 P.M. U.S. on July 21, 2026. The Dallas company's announcement covers Class A and Class B ordinary shares. Both classes consolidate on the same ratio.

Coverage across share classes

Cango operates with two classes of ordinary shares: Class A and Class B. The 10-for-1 consolidation applies to authorized, issued and outstanding shares in each class. Both class types are covered on the same terms.

NYSE listing and ticker

Cango trades on the New York Stock Exchange under the ticker CANG. The consolidation was announced and became effective on July 21, 2026.

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Frequently asked

What ratio did Cango use for its share consolidation?

Cango applied a 10-for-1 consolidation ratio to every authorized, issued and outstanding ordinary share.

When did the Cango share consolidation take effect?

It became effective at 5:00 P.M. U.S. time on July 21, 2026, the same day it was announced.

Which share classes are affected by the consolidation?

Both Class A and Class B ordinary shares are consolidated on the same 10-for-1 terms.

Where does Cango trade and under what ticker?

Cango trades on the New York Stock Exchange under the ticker CANG.

Where is Cango based?

Cango is a Dallas company.