Boqii Announces ADS Ratio Change From 1 ADS Representing 4.5 Shares To 1 ADS Representing 15 Shares
Portfolio Pulse from Benzinga Newsdesk
Boqii has announced a change in its ADS ratio from 1 ADS representing 4.5 shares to 1 ADS representing 15 shares.
August 11, 2023 | 1:26 pm
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NEGATIVE IMPACT
Boqii's change in ADS ratio could potentially dilute the value of existing shares, which may negatively impact the stock price in the short term.
The change in ADS ratio means that each ADS will now represent more shares than before. This could lead to a dilution of the value of existing shares, as each share now represents a smaller portion of the company. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100