Xiao-I plans 1-for-7 reverse ADS split via ratio change

Reuters2026/08/20 13:15

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Xiao-I will change its ADS-to-ordinary share ratio to 1 ADS for 420 ordinary shares from 1 for 60.
The move will have the same effect as a 1-for-7 reverse ADS split.
The ratio change is expected to take effect on or about Sept. 8, 2026, U.S. Eastern Time.
No fractional new ADSs will be issued; fractional entitlements will be sold for cash distribution.
The ADS price is expected to rise proportionally, with no assurance it will be at least seven times the pre-change price.

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. Xiao-I Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608200915PR_NEWS_USPR_____CN29395) on August 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Xiao-I plans 1-for-7 reverse ADS split via ratio change

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