Xiao-I plans 1-for-7 reverse ADS split via ratio change
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AIXI• ADS ratio change and split terms
- Xiao-I will change its ADS-to-ordinary share ratio to 1 ADS for 420 ordinary shares from 1 for 60.
The move will have the same effect as a 1-for-7 reverse ADS split.The ratio change is expected to take effect on or about Sept. 8, 2026, U.S. Eastern Time.No fractional new ADSs will be issued; fractional entitlements will be sold for cash distribution.The ADS price is expected to rise proportionally, with no assurance it will be at least seven times the pre-change price.CRWV
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Xiao-I plans 1-for-7 reverse ADS split via ratio change - AIXI News | Rallies