Dividends & Buybacks ·
XCHG Limited announced a change to its American Depositary Share (ADS) ratio, reducing the number of Class A ordinary…
XCHXCHG Ltd
XCHG Limited announced a change to its American Depositary Share (ADS) ratio, reducing the number of Class A ordinary shares per ADS from forty to eight hundred. This adjustment functions as a one-for-twenty reverse split for ADS holders and is effective at the open of business on August 21, 2026. Existing ADSs will be automatically exchanged by The Bank of New York Mellon without action required from shareholders, with fractional entitlements sold and proceeds distributed. The company's ordinary shares remain unaffected, and trading will continue under the ticker symbol XCH on the Nasdaq Global Market using a new CUSIP number. XCharge Limited is a global provider of high-power electric vehicle charging solutions.