Lion Group plans 1-for-20 reverse ADS split via ratio change effective Sept. 10 - LGHL News | RalliesLion Group plans 1-for-20 reverse ADS split via ratio change effective Sept. 10
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LGHL• Fractional entitlements and expected pricing impact
- No fractional new ADSs will be issued; fractional entitlements will be sold and net cash proceeds distributed.
- The ADS price is expected to rise proportionally, with no assurance it will match a 20x increase.
ADS ratio change effective on or about Sept. 10, 2026
- Lion Group Holding plans an ADS ratio change effective on or about Sept. 10, 2026.
- The move resets the ADS-to-Class A ordinary share ratio to 1 ADS for 5,850,000 shares from 292,500 shares.
- The change is equivalent to a 1-for-20 reverse ADS split for ADS holders.