Universe Pharmaceuticals will implement a dual-class share structure on February 13, 2026, on Nasdaq Capital Market.
Quiver AI Summary
Universe Pharmaceuticals INC announced that its dual-class share structure will go into effect on the Nasdaq Capital Market on February 13, 2026, after fulfilling all necessary conditions. The company's amended articles have set its authorized share capital at US$20,000, divided into 1.8 billion Class A ordinary shares and 200 million Class B ordinary shares. The Class A shares will continue trading under the symbol "UPC." Universe Pharmaceuticals, based in Ji'an, Jiangxi, China, focuses on manufacturing and distributing traditional Chinese medicine products, primarily targeting the elderly. The company also offers biomedical drugs and dietary supplements in over 30 provinces in China.
Potential Positives
- The successful implementation of a dual-class share structure positions Universe Pharmaceuticals to enhance its governance and potentially attract investors by sustaining control among existing shareholders.
- The amendment to the company's memorandum and articles signifies a strategic move toward financial and operational flexibility in the evolving market landscape.
- Continuing to trade under the symbol “UPC” on the Nasdaq Capital Market reinforces the company's visibility and accessibility to investors.
Potential Negatives
- The implementation of a dual-class share structure may dilute the voting power of existing shareholders, potentially leading to dissatisfaction among investors regarding governance and control over the company.
- The change in authorized share capital and share structure could be perceived as an attempt to consolidate power within a small group of insiders, which may raise concerns about corporate governance practices.
- Forward-looking statements indicate a lack of certainty regarding future performance, which may lead to investor apprehension about the company's growth and financial stability.
FAQ
What is the effective date for the dual-class share structure of Universe Pharmaceuticals?
The dual-class share structure will become effective on February 13, 2026.
How many class A and class B shares will Universe Pharmaceuticals have?
The Company will have 1,800,000,000 class A shares and 200,000,000 class B shares.
What symbol will Universe Pharmaceuticals trade under?
Universe Pharmaceuticals will trade under the symbol "UPC" on the Nasdaq Capital Market.
What products does Universe Pharmaceuticals specialize in?
The Company specializes in traditional Chinese medicine derivatives and biomedical drugs, targeting the elderly.
Where are Universe Pharmaceuticals' products sold?
The Company’s products are sold in 30 provinces across China.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$UPC Hedge Fund Activity
We have seen 2 institutional investors add shares of $UPC stock to their portfolio, and 0 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- OSAIC HOLDINGS, INC. added 2,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $8,400
- UBS GROUP AG added 945 shares (+94500.0%) to their portfolio in Q4 2025, for an estimated $3,600
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Ji'an, Jiangxi, China, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Universe Pharmaceuticals INC (NASDAQ: UPC) (“Universe Pharmaceuticals” or the “Company”), a pharmaceutical producer and distributor in China, today announced that all conditions to the implementation of its dual-class share structure have been satisfied and that its dual-class share structure will become effective on the Nasdaq Capital Market on February 13, 2026.
In connection with the implementation of its dual-class share structure, the Company amended and restated its memorandum and articles of association and the Company’s authorized share capital was changed to US$20,000 divided into 1,800,000,000 class A ordinary shares of par value US$0.00001 each (the “Class A Ordinary Shares”) and 200,000,000 class B ordinary shares of par value US$0.00001 each.
The Company anticipates that beginning with the opening of trading on February 13, 2026, the Class A Ordinary Shares will trade on the Nasdaq Capital Market under the same symbol “UPC” and the same CUSIP number G9442G 138.
About Universe Pharmaceuticals INC
Universe Pharmaceuticals INC, headquartered in Ji’an, Jiangxi, China, is a pharmaceutical producer and distributor in China. The Company specializes in the manufacturing, marketing, sales and distribution of traditional Chinese medicine derivatives products targeting the elderly with the goal of addressing their physical conditions in the aging process and to promote their general well-being. The Company also distributes and sells biomedical drugs, medical instruments, Traditional Chinese Medicine Pieces, and dietary supplements manufactured by third-party pharmaceutical companies. Currently, the Company’s products are sold in 30 provinces of China. For more information, visit the company’s website at http://www.universe-pharmacy.com/ .
Forward-Looking Statements
This press release contains forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except to the extent required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s most recent annual report on Form 20-F and other filings with the U.S. Securities and Exchange Commission.
For more information, please contact:
Ms. Lin Yang
Chief Financial Officer of Universe Pharmaceuticals INC
[email protected]