NaaS Technology Inc. Announces Completion of ADS Ratio Change
![PR Newswire](../../../Content/images/providers/PR.png)
NaaS Technology Inc. - American Depositary Shares (NAAS)
Company Research
Source: PR Newswire
BEIJING, June 13, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NaaS) ("NaaS" or the Company"), the first U.S. listed EV charging service company in China, today announces that the previously announced change of the ratio (the "ADS Ratio") of its American depositary shares (the "ADSs") to its Class A ordinary shares has taken effect at the open of business on June 13, 2024 (U.S. Eastern Time).The change in the ADS Ratio, from one ADS to ten Class A ordinary shares to one ADS to 200 Class A ordinary shares, had the same effect as a one-for-twenty reverse ADS split. The exchange of one new ADS for every 20 previously-held ADSs occurred automatically upon effectiveness, with the previously-held ADSs cancelled and the new ADSs issued by JPMorgan Chase Bank, N.A., the depositary bank for the Company's ADS program.The Company also announces that it has received a letter from the staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") dated June 13, 2024
Show less
Read more
Impact Snapshot
Event Time:
NAAS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NAAS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NAAS alerts
High impacting NaaS Technology Inc. - American Depositary Shares news events
Weekly update
A roundup of the hottest topics
NAAS
News
- NaaS Technology Inc. Announces Completion of ADS Ratio Change [Yahoo! Finance]Yahoo! Finance
- NaaS Technology Inc. Announces Updated Effective Date of ADS Ratio ChangePR Newswire
- China's Luckin Coffee Is Back From the Brink and Beating Starbucks [BNN Bloomberg (Canada)]BNN Bloomberg
- NaaS Technology Inc. Announces Plan to Implement ADS Ratio Change [Yahoo! Finance]Yahoo! Finance
- NaaS Technology Inc. Announces Plan to Implement ADS Ratio ChangePR Newswire
NAAS
Sec Filings
- 6/18/24 - Form 424B3
- 6/18/24 - Form 6-K
- 6/13/24 - Form 6-K
- NAAS's page on the SEC website