CL Workshop Group sets 1-for-80 ADS consolidation for Nov. 6
NWGL•CL Workshop Group will change its ADS ratio on November 6, 2026, so each ADS represents 640 Class A ordinary shares instead of eight. Split-adjusted Nasdaq trading under NWGL is expected to begin at the open, subject to Nasdaq confirmation.
1. ADS ratio change
The change is equivalent to a 1-for-80 reverse split; the company’s ordinary shares will be unaffected. Fractional ADS entitlements will be settled in cash, net of applicable taxes, fees and expenses.
