Fresh2 Group Plans To Change The Ratio Of Its American Depositary Shares, Effective On Or About July 10, 2024
Portfolio Pulse from Benzinga Newsdesk
Fresh2 Group plans to change the ratio of its American Depositary Shares (ADS) to its Class A ordinary shares from 1 ADS representing 20 Class A shares to 1 ADS representing 200 Class A shares, effective on or about July 10, 2024.
June 24, 2024 | 9:16 pm
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Fresh2 Group is changing the ratio of its ADS to Class A ordinary shares from 1:20 to 1:200, effective around July 10, 2024. This change could impact the stock price due to the altered share structure.
The change in ADS ratio will alter the share structure, which could affect the stock price. However, the exact impact will depend on market perception and investor response to the new ratio.
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