NIP Group plans 1-for-30 reverse ADS split effective July 6
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NIP Group Inc. Announces Plan to Implement ADS Ratio Change
June 15, 2026 6:00 AM EDTABU DHABI, United Arab Emirates, June 15, 2026 (GLOBE NEWSWIRE) -- NIP Group Inc. (NIPG or the Company) (NASDAQ: NIPG) today announced that it plans to change the ratio of its American Depositary Shares (ADSs) to its Class A ordinary shares (the ADS Ratio Change) from one (1) ADS representing two (2) Class A ordinary shares to one (1) ADS representing sixty (60) Class A ordinary shares.
For the Companys ADS holders, the ADS Ratio Change will have the same effect as a one-for-thirty reverse ADS split. A post-effective amendment to the Registration... More
