24/7 Market News Snapshot 27 May, 2025 – E-Home Household Service Holdings Limited Ordinary Shares (NASDAQ:EJH)

May 27, 2025

DENVER, Colo., 27 May, 2025 (www.247marketnews.com) – (NASDAQ:EJH) are discussed in this article.
E-Home Household Service Holdings Limited (EJH), recognized for its integrated household solutions, has recently garnered significant attention in the financial markets due to a combination of strategic decisions and impressive trading activity. Shares of EJH opened at $0.123 and experienced a remarkable surge of 21.78%, reflecting robust investor sentiment and increased trading volume of approximately 898.46 million shares. This rally highlights a growing confidence in the company’s potential for future growth.

In a strategic move to reinforce its market standing, E-Home convened an extraordinary general meeting on May 1, 2025, where shareholders overwhelmingly approved a resolution for a share consolidation. This consolidation will take place at a ratio of one-for-fifty, considerably reducing the number of ordinary shares outstanding from around 183.7 million to roughly 3.7 million. The transition is expected to enhance compliance with NASDAQ’s minimum share price requirements, ensuring E-Home’s competitive edge in the ever-evolving household services sector.

The consolidated shares are set to commence trading under the ticker symbol “EJH” on May 30, 2025. Shareholders will retain their percentage ownership, as each individual will receive one consolidated share for every fifty shares previously owned. The adjustment process will be handled seamlessly for those holding shares electronically through brokerage firms, eliminating the need for any action on their part.

Since its establishment in 2014, E-Home has been committed to advancing the household services landscape through innovative platforms, including its website and WeChat services. The company remains dedicated to addressing customer needs with exceptional care and efficiency as it embarks on this pivotal journey aimed at delivering enhanced value to all stakeholders.

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