Jinxin Technology plans 1-for-25 reverse ADS split via ratio change
PUBT · 06/23 10:01
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- Jinxin Technology plans an ADS ratio change to 1 ADS representing 450 ordinary shares from 18.
- Change equates to a 1-for-25 reverse ADS split for holders.
- Effective June 25, 2026, US Eastern Time; ADSs keep trading on Nasdaq under NAMI.
- Fractional new ADSs will not be issued; cash paid for aggregated fractional entitlements, net of fees and expenses.
- ADS price expected to rise proportionately, with no assurance it will match a 25x increase.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jinxin Technology Holding Company published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606230600PR_NEWS_USPR_____CN89755) on June 23, 2026, and is solely responsible for the information contained therein.
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