Xiao-I Corporation to Adjust American Depositary Shares Ratio
Xiao-I Corporation (NASDAQ: AIXI) announced plans to change its ADS ratio from one ADS to one-third of an ordinary share to one ADS to 60 ordinary shares, effective May 11, 2026. This change is equivalent to a one-for-twenty reverse ADS split and will automatically adjust ADS holdings without requiring action from holders. The adjustment is expected to impact the ADS trading price proportionally.
Topics: ADS Ratio Change Corporate Governance Reverse Split Stock Market