did mlgo stock split — MicroAlgo MLGO Split History

MicroAlgo Inc. (NASDAQ: MLGO) — Stock Split History and Corporate Actions

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As of March 22, 2024, did mlgo stock split: MicroAlgo Inc. (ticker MLGO) executed a company-filed 1-for-10 reverse stock split (share consolidation) per its SEC filing. Additional split/consolidation events for late 2024 and mid‑2025 have been reported by market-data providers and press outlets; this article compiles the documented March 2024 filing, the later reported entries, and how to verify and interpret them.

Company background

MicroAlgo Inc. is a technology company listed on the Nasdaq under the symbol MLGO. The firm focuses on software and algorithmic solutions (company business lines vary by reporting period). Like many small-cap publicly listed companies, MicroAlgo's equity structure, per‑share trading price and reporting obligations can prompt corporate actions such as reverse stock splits (also called share consolidations) or forward splits.

Reverse splits are commonly used by listed companies to raise a per-share trading price to satisfy exchange minimums or to increase perceived marketability. Because MicroAlgo trades on Nasdaq, corporate actions may be used to maintain compliance with listing standards or to reshape the capital structure for strategic or administrative reasons.

Summary of corporate actions (at-a-glance)

Below is a concise, table-style summary of the reported MLGO split/consolidation timeline. Note: where later events are reported only by market-data providers or press and not by a single SEC filing, the table flags verification status.

Note: did mlgo stock split is answered authoritatively for March 22, 2024 by the SEC filing; later entries are reported by data providers and press and require primary‑document verification.

Detailed timeline of reported stock splits and consolidations

This section enumerates each reported corporate action with the supporting source type, key technical details and verification notes.

March 2024 — 1-for-10 reverse stock split (effective March 22, 2024)

As of March 22, 2024, according to MicroAlgo’s SEC exhibit filing, the company effected a 1-for-10 reverse stock split (share consolidation). The company described the consolidation in an SEC filing submitted as a corporate action exhibit; this is the primary authoritative record for this event.

Key technical details from the SEC exhibit included:

• The ratio: 1-for-10 reverse stock split (every 10 pre-split shares consolidated into 1 post-split share).
• Effective date: the filing shows the consolidation effective on March 22, 2024 (the filing date specifies the effective time or trading-on-adjusted-basis date in the exhibit).
• Purpose: the filing explicitly stated the purpose was to increase the per‑share market price to better meet Nasdaq listing requirements and to improve marketability.
• Shares and CUSIP: the filing described changes to the issued/authorized share counts as shown in the exhibit and notified vendors of any CUSIP or ISIN adjustments that would follow corporate action processing.
• Warrants and exercisable instruments: the SEC exhibit also included explicit adjustments to warrant exercise prices and share equivalents to reflect the 1-for-10 consolidation (for example, warrant exercise prices were multiplied by 10 and underlying share counts adjusted proportionally). The filing described the mathematical adjustment method in concise language.

Because this action appears in an SEC exhibit, it is a primary, verifiable corporate action. Data providers and exchanges use such exhibits to publish confirmation and to adjust historical prices and security identifiers.

For readers asking did mlgo stock split, the March 22, 2024 SEC exhibit provides a definitive yes for the 1-for-10 reverse split.

December 2024 — reported 1-for-20 split (reported Dec 13, 2024)

As of December 13, 2024, several market-data aggregators listed an additional split entry for MLGO with a 1-for-20 ratio. These providers differ in how they present the entry:

• Some providers listed the Dec 13, 2024 event as a 1-for-20 reverse stock split (consolidation).
• Other providers displayed the same date and ratio as a forward split (1 share becomes 20), which is inconsistent with the reverse interpretation.

Verification status and caveats:

• At the time of these secondary reports, there was no single matching SEC corporate filing or Nasdaq notice located that replicated a Dec 13, 2024 primary filing for a 1-for-20 action.
• Because data vendors sometimes inherit or misinterpret exchange identifiers and corporate-action flags, differences between providers are possible.

Practical implication: until a primary SEC filing, Nasdaq corporate action notice, or a company investor-relations announcement is located, treat the Dec 13, 2024 1-for-20 entry as unconfirmed secondary reporting.

Mid‑2025 — reported 1-for-30 reverse split (July 2025)

As of July 2025, press outlets and several market-data repositories reported that MicroAlgo proposed or implemented a 1-for-30 reverse split. Reported items from July 2025 included mentions of:

• A shareholder vote or board-approved proposal (dates varied by source) to consolidate shares on a 1-for-30 basis.
• Reported effective or trading-on-adjusted-basis dates in July 2025 in secondary press summaries.

Verification and source notes:

• Several press summaries and market-data pages present the 1-for-30 consolidations as completed corporate actions; however, at the time of those reports some sites did not link to an SEC filing or exchange corporate action notice.
• In some cases, outlets cited a company press release or exchange notice; in others, the reports appear in data-provider split-histories without a primary-document link.

Recommendation: until primary documentation (SEC Form 8-K/10-Q/Definitive proxy with the specific corporate-action exhibit, or a Nasdaq corporate-action notice) is located, treat the July 2025 1-for-30 entry as reported by secondary sources.

Regulatory filings and exchange notices

How to verify split events through primary sources:

• SEC filings: the most authoritative source is the company’s SEC filing (Form 8-K or exhibit) describing the corporate action. The March 22, 2024 1-for-10 reverse split for MLGO appears in such a filing and is the anchor primary source for that event.
• Nasdaq corporate action notices: exchanges publish corporate action notices and will list an effective date, record date and whether a CUSIP or ticker change occurs. Nasdaq notices can confirm effective trading adjustments and link to CUSIP changes.
• CUSIP/ISIN updates: changes to CUSIP or the creation of a replacement CUSIP are often recorded by DTCC/CIK notes and exchange action feeds.

As a best practice, confirm corporate actions by matching (a) an SEC filing providing corporate-authorized action, (b) an exchange corporate-action notice, and (c) market-data provider adjustments. The March 2024 1-for-10 consolidation is supported by the company’s SEC exhibit; the later reported events rely more heavily on provider and press reporting.

Rationale for reverse splits (company perspective)

Why companies do reverse splits — short, practical reasons:

• Listing compliance: meet or regain a minimum bid price required by an exchange such as Nasdaq.
• Improve perceived marketability: some issuers believe a higher per-share price can attract a broader investor base and stabilize institutional interest.
• Administrative ease: fewer shares outstanding can reduce stock administration costs and simplify equity compensation accounting.
• Capital structure management: a reverse split can enable management to reposition authorized share counts or combine with other financing actions.

MicroAlgo’s March 22, 2024 filing explicitly cited Nasdaq listing considerations as a motivation for the 1-for-10 reverse split. That rationale aligns with common practice among small-cap Nasdaq issuers.

Market reaction and price/volume effects

Typical short-term reactions to split announcements and effective dates:

• Price adjustment: on the effective date of a reverse split, market price per share is mechanically multiplied by the consolidation ratio (e.g., a 1-for-10 consolidation makes each post-split share worth ~10x pre-split price, all else equal). Market quotes are adjusted accordingly.
• Volatility: announcements and effective dates can prompt intraday or multi-day volatility. Traders react to both the mechanical price change and the informational signal behind the action.
• Volume spikes: volume often rises around corporate-action announcements and effective dates as shareholders, arbitrageurs and speculators adjust positions.

Observed MLGO movement (reported summaries):

• As of April–July 2025, market-data summaries flagged heightened volatility across multiple time windows for MLGO shares. Some providers reported price swings and volume spikes in windows surrounding reported split dates. These trends were noted by secondary sources but should be interpreted cautiously because other company news or macro events often coincide with volume and price changes.

Caveat: reported market moves may reflect other news or liquidity dynamics; mechanical price adjustments from splits do not imply a change in total company value.

Effects on shareholders, warrants and capital structure

Practical effects for different stakeholders:

• Common shareholders: a reverse split reduces the number of shares each shareholder owns by the consolidation ratio while increasing the per‑share price proportionally. The total economic interest remains the same in absence of concurrent financing (e.g., a shareholder owning 1,000 pre‑split shares in a 1-for-10 consolidation winds up with 100 post-split shares).
• Fractional shares: companies or brokerages handle fractional shares differently. Typical approaches include cashing out fractions at a specified price or issuing whole-share equivalents via rounding rules. The March 2024 exhibit or subsequent company guidance usually provides the exact rounding or cash‑out policy.
• Warrants and options: in the March 2024 SEC exhibit, MicroAlgo explicitly adjusted warrant exercise prices upward (multiplied by the consolidation factor) and correspondingly adjusted the number of shares underlying exercise. That preserves the economic value of outstanding warrants and options while aligning contractual terms with the new per-share basis.
• Authorized and issued share counts: the SEC exhibit for March 2024 described changes to authorized and issued share counts as part of the consolidation. Reverse splits often reduce the issued outstanding share count; companies sometimes simultaneously reduce authorized shares via a charter amendment.

Bottom line: a split or consolidation typically changes unit counts and exercise prices but not the pro rata economic ownership or company valuation unless accompanied by other corporate actions.

Adjusting historical prices and data-provider variability

How splits are reflected in historical price series:

• Adjusted historical prices: providers apply split factors retroactively to historical price series to maintain continuity in returns and charts. For a 1-for-10 reverse split, pre‑split historical prices are divided by 10 when a provider shows adjusted prices, so charts and returns remain comparable.
• Provider differences: different data vendors may disagree on which corporate actions to apply and the adjustment dates. Discrepancies arise because some providers index vendor feeds differently, miss primary filings, or interpret ambiguous secondary reports incorrectly.

Why discrepancies matter:

• Backtests and index calculations: incorrect or missing split adjustments can produce misleading returns and backtest results.
• Research and regulatory filings: analysts and auditors must rely on primary filings for authoritative adjustments.

Recommendation: when data differs between providers, consult primary documents (SEC exhibits, exchange notices, company IR) to determine the correct adjustment factor and effective date. For March 22, 2024, the SEC exhibit provides the authoritative adjustment for the 1-for-10 consolidation.

Legal, accounting and tax considerations

Legal and reporting obligations:

• Disclosure: companies must disclose material corporate actions in SEC filings and on their investor-relations sites according to securities law and exchange rules.
• Accounting: reverse splits do not change total shareholders’ equity but affect per‑share calculations for metrics such as EPS (earnings per share) where post‑split per‑share amounts must be adjusted.
• Tax: generally, stock splits and reverse splits that simply change the share count without altering the owner’s proportional stake are not taxable events for shareholders. However, cash-outs for fractional shares or any concurrent transactions (e.g., a buyback) could have tax consequences.

Advisory note: tax treatment varies by jurisdiction and investor circumstances; consult a tax professional for individualized guidance. This article provides neutral informational context and not tax or legal advice.

Controversies, criticisms and investor interpretation

How investors typically read reverse splits and common criticisms:

• Stigma: reverse splits can carry a stigma as a sign of financial distress because they are often used to regain listing compliance after a prolonged low share price.
• Legitimate maintenance action: conversely, many issuers employ reverse splits purely to satisfy exchange listing thresholds and continue to operate normally.
• Repeated consolidations: multiple consolidations over a short period can amplify concern among investors and analysts about an issuer’s prospects or chronic listing‑price pressure.

MLGO context and commentary:

• The March 2024 1-for-10 consolidation was presented by the company as a compliance and marketability measure. Some market commentators and secondary data entries in late 2024 and mid-2025 raised questions about the frequency of reported consolidations and potential liquidity implications.
• When evaluating such actions, investors typically review balance-sheet trends, trading liquidity, and whether consolidations are paired with operational or financing improvements.

How to verify if MLGO has split (practical steps)

Checklist to confirm MLGO split events reliably:

1. Check SEC EDGAR filings: search for the company’s 8-K, proxy statements, and exhibits that explicitly describe share consolidations or forward splits.
2. Review Nasdaq corporate action notices: exchange notices provide effective dates, record dates and confirm CUSIP changes.
3. Visit the company investor-relations page: companies often post press releases and shareholder communications about corporate actions.
4. Inspect CUSIP/ISIN updates: check DTCC/CUSIP notices or vendor messages for identifier changes linked to corporate action processing.
5. Cross-check reputable market-data providers: compare historical price adjustments across providers and reconcile with primary filings.
6. Contact transfer agent or investor relations: transfer agents and the company’s investor-relations contact can confirm the handling of fractional shares and implementation details.

Pro tip: when market-data providers disagree (as they did for the Dec 13, 2024 1-for-20 entry), prioritize the SEC filing and Nasdaq notice for authoritative confirmation.

See also

• Reverse stock split (share consolidation) — definition and mechanics
• Corporate actions — types and investor impact
• Nasdaq listing requirements — minimum bid price and maintenance rules
• How historical price adjustments work — splits, dividends, and corporate actions

References and primary sources

Primary and secondary sources used in this compilation include:

• MicroAlgo’s SEC filing(s) and exhibit(s) reporting the March 22, 2024 1-for-10 reverse split (primary source).
• Market-data provider pages and historical price records that list MLGO split events (examples: major finance data aggregators that publish split histories; treat as secondary unless linked to primary filings).
• Press and financial-news posts reporting later split proposals/implementations in late 2024 and mid-2025 (examples include brokerage-news feeds and financial press summaries).

As of each reporting date, readers should prioritize the SEC filing and Nasdaq notices for authoritative confirmation. When only secondary sources report an event, the article states the reporting source and flags verification status.

Appendix — consolidated chronological table (notes on discrepancies)

Notes for editors

• Any date/ratio assertion should cite the primary SEC or exchange filing where available.
• Where only secondary sources report a split, explicitly state the reporting source and verification status.
• Encourage readers to consult company SEC filings and Nasdaq notices for final confirmation.

Further reading and next steps

If you came here asking did mlgo stock split and want to monitor MLGO corporate actions going forward, consider these steps:

• Track the company’s SEC filings and Nasdaq notices for authoritative updates.
• Use Bitget to monitor markets and corporate action alerts and secure holdings via Bitget Wallet if you custody tokens or related assets (platform functions and wallet services are recommended for ease of monitoring and custody management).
• If you need historical price series for research or backtesting, always reconcile data-provider adjustments with primary filings.

This article provides factual context and verification guidance; it is not investment advice. For tax or legal implications of corporate actions consult a qualified advisor.

Note on phrasing frequency: this article uses the query did mlgo stock split repeatedly to make the central search intent explicit and to aid verification and discoverability. The March 22, 2024 1-for-10 reverse split is the primary confirmed event; later reported splits require primary-document validation.