NIP Group ADS ratio changes to 1:60, effective July 6, 2026
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NIP Group Inc. Announces ADS Ratio Change to Be Effective on July 6, 2026
July 1, 2026 6:00 AM EDTABU DHABI, United Arab Emirates, July 01, 2026 (GLOBE NEWSWIRE) -- NIP Group Inc. (NIPG or the Company) (NASDAQ: NIPG) today announced that, as previously announced on June 15, 2026, the ratio change of its American depositary shares (the ADSs) to Class A ordinary shares from the current ratio of one (1) ADS representing two (2) Class A ordinary shares to a new ratio of one (1) ADS representing sixty (60) Class A ordinary shares (the ADS Ratio Change) will become effective on July 6, 2026, U.S. Eastern Time (the Effective Date).
For the Companys ADS holders, the... More
