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NIP Group executes 1-for-30 reverse ADS split effective July 6

PUBT·07/01/2026 10:00:58
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NIP Group executes 1-for-30 reverse ADS split effective July 6
  • NIP Group will change its ADS-to-Class A share ratio to 1 ADS for 60 Class A shares, effective July 6, 2026.
  • The change will function as a 1-for-30 reverse ADS split for ADS holders; the Class A ordinary shares are unchanged.
  • Nasdaq trading is set to move to the post-split basis at the market open under ticker NIPG; new ADS CUSIP 654503200.
  • No fractional ADSs will be issued; fractional entitlements will be sold with net cash proceeds distributed to eligible holders.
  • The ADS price is expected to adjust proportionally, with no assurance it will hold at 30 times the pre-change level.


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. NIP Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607010600PRIMZONEFULLFEED9755361) on July 01, 2026, and is solely responsible for the information contained therein.