Mynd.ai announces 1-for-7.5 reverse ADS split
MYND•Mynd.ai plans a 1-for-7.5 reverse ADS split, expected to take effect on or about December 7, 2027. Each ADS will represent 75 ordinary shares, up from 10; ordinary shares will remain unaffected.
1. ADS ratio change
Mynd.ai plans a one-for-7.5 reverse American Depositary Share split, expected to take effect on or about December 7, 2027. Each ADS will represent 75 ordinary shares, up from 10 previously, while the ordinary shares will remain unaffected, with none issued or canceled in connection with the ratio change.
2. Fractional ADS treatment
Fractional ADS entitlements will be sold, with net proceeds distributed to affected holders. The ADSs will continue trading on NYSE American under the symbol MYND.
