XCharge to implement 1-for-20 reverse ADS split on Nasdaq

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Go back to XCharge to implement 1-for-20 reverse ADS split on Nasdaq

XCharge Announces Plan to Implement ADS Ratio Change

August 19, 2026 7:30 AM EDT

HAMBURG, Germany and AUSTIN, Texas, Aug. 19, 2026 (GLOBE NEWSWIRE) -- XCHG Limited ("XCharge" or the "Company") (Nasdaq: XCH), a global provider in high-power EV charging solutions, today announced that it will change the ratio (the ADS Ratio) of its American depositary shares (ADSs) to its Class A ordinary shares, par value US$0.00001 per share, from the current ADS Ratio of one (1) ADS representing forty (40) Class A ordinary shares to a new ADS Ratio of one (1) ADS representing eight hundred (800) Class A ordinary shares (the ADS Ratio Change). For the Companys ADS holders, the... More