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Xiao-I将改变ADS比率,自8月23日起生效
2024-08-21 20:48
- Xiao-I (NASDAQ:AIXI) announces change in the ADS ratio from the current ADS Ratio of one ADS to one-third of an ordinary share to a new ADS Ratio of one ADS to 3 ordinary shares, effective August 23, 2024.
- The ADS holders will have the same effect as a one-for-nine reverse ADS split. On 23rd Aug, 2024, the exchange of every nine existing ADSs for one new ADS will occur automatically.
- As a result of the change in the ADS Ratio, the ADS trading price is expected to increase proportionally.
- AIXI +10.4% premarket to $0.4197
- Source: Press Release
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