XIAMEN, China, July 1, 2026 /PRNewswire/ -- Hitek Global Inc. (NASDAQ:HKIT) (the &#34;Company&#34;), an information technology consulting and solutions provider, announced today that it will effect a reverse split (the

<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">XIAMEN, China</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">July 1, 2026</span> /PRNewswire/ -- Hitek Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/HKIT">HKIT</a>) (the &#34;Company&#34;), an information technology consulting and solutions provider, announced today that it will effect a reverse split (the &#34;Reverse Split&#34;) at a ratio of 1-for-25, to be effective on July 6, 2026. Beginning with the opening of trading on July 6, 2026, the Company&#39;s Class A ordinary shares (&#34;Class A Ordinary Shares&#34;) will begin trading on the Nasdaq Capital Market on a split-adjusted basis under the same trading symbol, &#34;HKIT,&#34; and a new CUSIP number, G45139139.</p>
<p xmlns="http://www.w3.org/1999/xhtml">On November 24, 2025, at the 2025 Annual General Meeting of Shareholders, the Company&#39;s shareholders authorized the board of directors of the Company (the &#34;Board&#34;) to effect one or more reverse splits of the Company&#39;s Class A Ordinary  Shares at an aggregate cumulative ratio ranging from  1-for-40 to 1-for-5,000 within two years following the date of the meeting, with the Board having discretion to determine the specific ratio or ratios and the timing of any such reverse split(s). On April 6, 2026, the Company effectuated a reverse split at a ratio of 1-for-50. On May 29, 2026, the Company effectuated a reverse split at a ratio of 1-for-3.On June 4, 2026, the Board approved the Reverse Split.</p><p xmlns="http://www.w3.org/1999/xhtml" class="prntal"><span xmlns="http://www.w3.org/1999/xhtml" id="spanHghltd47e">Upon the Reverse Split becoming effective, every three issued and unissued Class A Ordinary Shares will be automatically combined into one Class A Ordinary Share. Following the Reverse Split, the par value of each Class A Ordinary Share will be changed from $0.015 to $0.375. No fractional shares will be issued in connection with the Reverse Split. Any fractional share resulting from the Reverse Split will be rounded up to the nearest whole share at the participant level. The Company&#39;s total authorized share capital will remain unchanged at US$316,000 and will be reclassified into (i) 800,000 Class A Ordinary Shares, par value US$0.375 per share, (ii) 150,000,000 Class B ordinary shares, par value US$0.0001 per share, and (iii) 10,000,000 preference shares, par value US$0.0001 per share. Prior to the Reverse Split, there were 19,996,492 Class A Ordinary Shares and 8,192,000 Class B ordinary shares issued and outstanding; following the Reverse Split, the Company expects that there will be 799,860 Class A Ordinary Shares and 8,192,000 Class B Ordinary Shares issued and outstanding.</span></p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About</b> <b xmlns="http://www.w3.org/1999/xhtml">Hitek</b> <b xmlns="http://www.w3.org/1999/xhtml">Global</b> <b xmlns="http://www.w3.org/1999/xhtml">Inc.</b></p><p xmlns="http://www.w3.org/1999/xhtml">Hitek Global Inc., headquartered in Xiamen, China, is an information technology (&#34;IT&#34;) consulting and solutions service provider in China. The Company operates two lines of business: (1) services for small and medium-sized businesses, consisting of Anti-Counterfeiting Tax Control System (&#34;ACTCS&#34;) tax devices, ACTCS services, and IT services, and (2) services for large businesses, consisting of hardware sales and software sales. The Company&#39;s vision is to become a one-stop destination for comprehensive IT consulting and other business consulting services in China. For more information, please visit the Company&#39;s website at <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.xmhitek.com/" target="_blank" rel="nofollow">http://www.xmhitek.com/</a>.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking</b> <b xmlns="http://www.w3.org/1999/xhtml">Statements</b></p><p xmlns="http://www.w3.org/1999/xhtml">This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. 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 &#34;may,&#34; &#34;will,&#34; &#34;expect,&#34; &#34;anticipate,&#34; &#34;aim,&#34; &#34;estimate,&#34; &#34;intend,&#34; &#34;plan,&#34; &#34;believe,&#34; &#34;potential,&#34; &#34;continue,&#34; &#34;is/are likely to&#34; 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 as may be 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&#39;s registration statement and in its other filings with the SEC.</p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=CN88600&amp;sd=2026-07-01"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/hitek-announces-1-for-25-reverse-split-302815539.html" target="_blank">https://www.prnewswire.com/news-releases/hitek-announces-1-for-25-reverse-split-302815539.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Hitek Global Inc.</p>

HKIT

Hitek Announces 1-for-25 Reverse Split

HKIT announces 1-for-25 reverse split; post-split Class A float near 800k

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>XIAMEN, China, July 1, 2026 /PRNewswire/ -- Hitek Global Inc. (NASDAQ:HKIT) (the &amp;#34;Company&amp;#34;), an information technology consulting and solutions provider, announced today that it will effect a reverse split (the</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>HKIT disclosed a 1-for-25 reverse split effective July 6, 2026, with HKIT trading on Nasdaq Capital Market under a new CUSIP. The move follows prior splits (April 6 and May 29) and dramatically lowers Class A shares outstanding. The liquidity impact is uncertain and could trigger short-term price volatility.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>HKIT announces 1-for-25 reverse split; post-split Class A float near 800k.</li><li>Post-split Class A outstanding ~799,860; par value increases to $0.375.</li><li>Board previously approved multiple splits in 2026 (Apr 1-for-50; May 1-for-3).</li><li>Pre-split Class A ~19,996,492; Class B ~8,192,000 outstanding.</li><li>No fractional shares; trades on Nasdaq Capital Market under HKIT; new CUSIP G45139139.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Hitek Global Inc. (HKIT)</strong>: Announces 1-for-25 reverse split; significantly reduces Class A outstanding and could affect liquidity and trading dynamics.</li><li><strong>Nasdaq Capital Market (NDAQ)</strong>: Venue for HKIT trading post-split; the action may influence liquidity and price behavior on the exchange.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The article centers on a capital-structure‑driven corporate action that directly impacts HKIT’s liquidity, float, and listing dynamics, which are key near-term price drivers.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Reverse split reduces Class A float to ~800k; liquidity risk heightened.</li><li>Series of splits in 2026 suggest ongoing liquidity and price challenges.</li><li>No fractional shares; rounding up may marginally affect ownership.</li><li>Trading venue remains Nasdaq Capital Market; no immediate capital inflow.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Reverse split ratio: 1-for-25; effective July 6, 2026.</li><li>New CUSIP: G45139139.</li><li>Post-split Class A outstanding: ~799,860 shares.</li><li>Pre-split Class A: ~19,996,492; Class B: 8,192,000.</li><li>Authorized capital remains US$316,000; reclassified into 800,000 Class A, 150,000,000 Class B, 10,000,000 pref.</li><li>Board approval date: June 4, 2026.</li><li>Earlier splits: 1-for-50 (Apr 6); 1-for-3 (May 29).</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term volatility and a potential price spike; long-term liquidity risk persists over 3–6 months.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">XIAMEN, China</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">July 1, 2026</span> /PRNewswire/ -- Hitek Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/HKIT">HKIT</a>) (the &#34;Company&#34;), an information technology consulting and solutions provider, announced today that it will effect a reverse split (the &#34;Reverse Split&#34;) at a ratio of 1-for-25, to be effective on July 6, 2026. Beginning with the opening of trading on July 6, 2026, the Company&#39;s Class A ordinary shares (&#34;Class A Ordinary Shares&#34;) will begin trading on the Nasdaq Capital Market on a split-adjusted basis under the same trading symbol, &#34;HKIT,&#34; and a new CUSIP number, G45139139.</p>
<p xmlns="http://www.w3.org/1999/xhtml">On November 24, 2025, at the 2025 Annual General Meeting of Shareholders, the Company&#39;s shareholders authorized the board of directors of the Company (the &#34;Board&#34;) to effect one or more reverse splits of the Company&#39;s Class A Ordinary  Shares at an aggregate cumulative ratio ranging from  1-for-40 to 1-for-5,000 within two years following the date of the meeting, with the Board having discretion to determine the specific ratio or ratios and the timing of any such reverse split(s). On April 6, 2026, the Company effectuated a reverse split at a ratio of 1-for-50. On May 29, 2026, the Company effectuated a reverse split at a ratio of 1-for-3.On June 4, 2026, the Board approved the Reverse Split.</p><p xmlns="http://www.w3.org/1999/xhtml" class="prntal"><span xmlns="http://www.w3.org/1999/xhtml" id="spanHghltd47e">Upon the Reverse Split becoming effective, every three issued and unissued Class A Ordinary Shares will be automatically combined into one Class A Ordinary Share. Following the Reverse Split, the par value of each Class A Ordinary Share will be changed from $0.015 to $0.375. No fractional shares will be issued in connection with the Reverse Split. Any fractional share resulting from the Reverse Split will be rounded up to the nearest whole share at the participant level. The Company&#39;s total authorized share capital will remain unchanged at US$316,000 and will be reclassified into (i) 800,000 Class A Ordinary Shares, par value US$0.375 per share, (ii) 150,000,000 Class B ordinary shares, par value US$0.0001 per share, and (iii) 10,000,000 preference shares, par value US$0.0001 per share. Prior to the Reverse Split, there were 19,996,492 Class A Ordinary Shares and 8,192,000 Class B ordinary shares issued and outstanding; following the Reverse Split, the Company expects that there will be 799,860 Class A Ordinary Shares and 8,192,000 Class B Ordinary Shares issued and outstanding.</span></p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About</b> <b xmlns="http://www.w3.org/1999/xhtml">Hitek</b> <b xmlns="http://www.w3.org/1999/xhtml">Global</b> <b xmlns="http://www.w3.org/1999/xhtml">Inc.</b></p><p xmlns="http://www.w3.org/1999/xhtml">Hitek Global Inc., headquartered in Xiamen, China, is an information technology (&#34;IT&#34;) consulting and solutions service provider in China. The Company operates two lines of business: (1) services for small and medium-sized businesses, consisting of Anti-Counterfeiting Tax Control System (&#34;ACTCS&#34;) tax devices, ACTCS services, and IT services, and (2) services for large businesses, consisting of hardware sales and software sales. The Company&#39;s vision is to become a one-stop destination for comprehensive IT consulting and other business consulting services in China. For more information, please visit the Company&#39;s website at <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.xmhitek.com/" target="_blank" rel="nofollow">http://www.xmhitek.com/</a>.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking</b> <b xmlns="http://www.w3.org/1999/xhtml">Statements</b></p><p xmlns="http://www.w3.org/1999/xhtml">This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. 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 &#34;may,&#34; &#34;will,&#34; &#34;expect,&#34; &#34;anticipate,&#34; &#34;aim,&#34; &#34;estimate,&#34; &#34;intend,&#34; &#34;plan,&#34; &#34;believe,&#34; &#34;potential,&#34; &#34;continue,&#34; &#34;is/are likely to&#34; 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 as may be 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&#39;s registration statement and in its other filings with the SEC.</p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=CN88600&amp;sd=2026-07-01"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/hitek-announces-1-for-25-reverse-split-302815539.html" target="_blank">https://www.prnewswire.com/news-releases/hitek-announces-1-for-25-reverse-split-302815539.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Hitek Global Inc.</p>

HKIT disclosed a 1-for-25 reverse split effective July 6, 2026, with HKIT trading on Nasdaq Capital Market under a new CUSIP. The move follows prior splits (April 6 and May 29) and dramatically lowers Class A shares outstanding. The liquidity impact is uncertain and could trigger short-term price volatility.

Hitek Announces 1-for-25 Reverse Split

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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