VisionSys AI announces 1-for-10 reverse ADS split effective May 26

VisionSys AI Inc (NASDAQ: VSA) announced an American depositary shares ratio change that will take effect May 26, 2026. The change will function as a one-for-ten reverse ADS split.

Under the new structure, one ADS will represent 2,500 Class A ordinary shares, compared to the current ratio where one ADS represents 250 Class A ordinary shares. ADS holders will receive one new ADS for every ten previously held ADSs.

The exchange will occur automatically for holders through The Depository Trust Company and the Direct Registration System. No action is required from ADS holders. The new CUSIP number for the company's ADSs will be 876108408.

Fractional ADS entitlements will not be issued. Instead, the depositary bank will aggregate and sell fractional entitlements, distributing net cash proceeds to applicable ADS holders after deducting fees, taxes and expenses.

The company's Class A ordinary shares will remain unchanged. VSA's ADSs will continue trading on the Nasdaq Capital Market under the symbol "VSA" following the ratio change.

The company stated that ADS trading price is expected to increase proportionally, though it provided no assurance that the post-split trading price will equal or exceed the pre-split price on a proportionate basis.

VisionSys AI describes itself as a technology services company specializing in brain-machine interaction businesses. The Langfang, Hebei-based company focuses on AI-powered healthcare and biotech solutions.

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