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iTonic Holdings Says CFO Zhixin Li Resigned Effective Immediately; Appoints Simin Tan As CFO
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iTonic Holdings shares are trading lower after the company announced a 16-for-1 share consolidation effective October 6.
Bragar Eagel & Squire, P.C. Urgently Reminds iTonic Holdings Ltd Investors to Contact the Firm Seeking Lead Plaintiff Role Before September 28th
A class action lawsuit has been filed against iTonic Holdings Ltd. (formerly Pheton Holdings Ltd.) for allegedly failing to disclose a market manipulation and fraudulent promotion scheme involving social media misinformation. The complaint claims the company's securities were subject to extreme price volatility and trading halts due to the manipulation scheme, and that positive statements about the company lacked reasonable basis. Investors who purchased PTHL securities between September 5, 2024, and July 29, 2025, have until September 28, 2026, to apply as lead plaintiff.