ICZOOM Group Inc., together with its subsidiaries, sells electronic component products through its e-commerce trading platform in the People’s Republic of China. The company provides semiconductor products, including various integrated circuits, discretes, passive components, and optoelectronics; and equipment, tools, and other electronic component products comprising various electromechanical, maintenance, repair and operation, and various design tools. Its products are used by small and medium-sized enterprises in the consumer electronics industry, Internet of Things, automotive electronics, and industry control segments. The company sells its products through its online platform. It also offers customs clearance, temporary warehousing, logistics, and shipping services. The company was formerly known as Horizon Business Intelligence Co., Limited and changed its name to ICZOOM Group Inc. in May 2018. ICZOOM Group Inc. was founded in 2012 and is headquartered in Shenzhen, the People’s Republic of China.
ICZOOM Group Inc. to Effect Share Consolidation on September 15, 2026
ICZOOM Group will effect a 5-for-1 share consolidation with a market effective date of September 15, 2026, approved by its board on July 27, 2026.
Class A ordinary shares will continue trading on the Nasdaq Capital Market under the same symbol IZM but with a new CUSIP, G4760B118.
The stated objective is to regain compliance with Nasdaq Marketplace Rule 5550(a)(2), the minimum bid price rule, and maintain the company's Nasdaq listing — a signal the stock has been trading below $1.00.
Shares outstanding fall from 8,188,610 to approximately 1,637,722 Class A shares and from 3,829,500 to approximately 765,900 Class B shares; no fractional shares will be issued, with holders receiving one whole share in lieu of any fraction.