Bitcoin mining company Cango Inc. (NYSE: CANG) announced a 10-for-1 reverse stock split, effective July 20, 2026, at 5:00 PM EDT. The split, authorized by the board following a special shareholder meeting on June 24, will consolidate every 10 shares of both Class A and Class B common stock into one share, maintaining the same class structure. Trading on a post-split basis will commence on July 21, with the stock continuing under the ticker "CANG" and a new CUSIP of G1820C 110. The authorized capital remains at $100,000, comprising 100 million shares with a par value of $0.001 each. No fractional shares will be issued; instead, they will be returned to the company's authorized but unissued shares without compensation to holders.