Zepp Health (ZEPP) has released an update.
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Zepp Health Corporation has announced a change in the ADS (American Depositary Shares) ratio, effectively executing a one-for-four reverse ADS split, expected to take effect around September 16, 2024. This move will require ADS holders to exchange every four existing ADSs for one new ADS, with the aim of proportionately increasing the trading price of its shares. The Company’s Class A ordinary shares will remain unaffected by this change.
For further insights into ZEPP stock, check out TipRanks’ Stock Analysis page.
