StockWatch
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SplitJun 17, 2026, 06:11 AM

POMDOCTOR Announces 1-for-18 Reverse ADS Split Effective June 22

AI Summary

POMDOCTOR Limited announced that its previously disclosed ADS ratio change will become effective on June 22, 2026. The ratio will change from one ADS representing one-sixth Class A ordinary share to one ADS representing three Class A ordinary shares, which is equivalent to a one-for-eighteen reverse ADS split. Existing ADS holders will have their shares automatically exchanged, and the ADSs will begin trading on a post-split basis under the same ticker "POM" on the effective date. Fractional entitlements will be sold for cash.

Key Highlights

  • ADS ratio change effective June 22, 2026.
  • New ratio: 1 ADS representing 3 Class A ordinary shares.
  • Equivalent to a 1-for-18 reverse ADS split.
  • No change to the Company's Class A ordinary shares.
  • Existing ADS holders will have shares automatically exchanged.
  • New CUSIP number for ADSs will be 73181R207.
  • Fractional new ADSs will not be issued; net cash proceeds will be distributed.