WiMi Hologram Cloud ( (WIMI) ) just unveiled an announcement.
On February 27, 2025, WiMi Hologram Cloud Inc. announced the termination of its Deposit Agreement with JPMorgan Chase Bank, N.A., effective April 2, 2025. This move will result in the cancellation of American Depositary Shares (ADSs) and a mandatory exchange of these shares for underlying securities. An extraordinary general meeting is scheduled for March 25, 2025, to seek shareholder approval for a share consolidation plan. This strategic decision is expected to impact WiMi’s operations by altering its share structure and potentially enhancing its market presence on NASDAQ.
More about WiMi Hologram Cloud
WiMi Hologram Cloud Inc. operates in the technology industry, focusing on augmented reality and holographic services. The company is known for its innovative solutions in holographic applications and has a market focus on enhancing digital experiences through its advanced technologies.
YTD Price Performance: -53.57%
Average Trading Volume: 9,810,710
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $76.6M
See more data about WIMI stock on TipRanks’ Stock Analysis page.