Jinxin Technology Plans 1-for-25 ADS Reverse Split Effective June 25
NAMI•
NAMI•Jinxin Technology will change its ADS ratio from one ADS representing 18 ordinary shares to one ADS representing 450 ordinary shares, effective June 25, 2026, in a one-for-25 reverse ADS split. ADS holders must surrender 25 ADSs for one new ADS, with aggregated fractional entitlements sold for cash.
Jinxin Technology will change its ADS ratio from one ADS representing 18 ordinary shares to one ADS representing 450 ordinary shares, effecting a one-for-25 reverse ADS split on June 25, 2026. A post-effective amendment to the Form F-6 registration statement will be filed to reflect this ADS ratio change.
Each ADS holder of record at the close of business on the effective date must surrender 25 existing ADSs to receive one new ADS, with no fractional ADSs issued. Aggregated fractional entitlements will be sold by the depositary bank, with net cash proceeds distributed to holders, and ordinary share count remains unchanged.