tiprankstipranks
XChange TEC.INC Announces ADS Ratio Change
Company Announcements

XChange TEC.INC Announces ADS Ratio Change

XChange TECINC (XHG) has released an update.

Don't Miss Our Christmas Offers:

XChange TEC.INC has announced a change in the ratio of its American depositary shares (ADSs), which effectively acts as a one-for-twenty reverse ADS split. This move is expected to proportionally increase the ADS trading price on the Nasdaq Capital Market from November 8, 2024. Holders of ADSs must exchange their shares through The Bank of New York Mellon to comply with the new ratio.

For further insights into XHG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskXChange TEC.INC Regains Nasdaq Compliance
TheFlyXChange TEC.INC regains Nasdaq compliance
TheFlyXChange TEC.INC receives Nasdaq deficiency notice
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App