Yunji Announces Plan to Implement ADS Ratio Change
Yunji Inc. - American Depository Shares (YJ)
Last yunji inc. - american depository shares earnings: 3/24 05:30 am
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Source: PR Newswire
HANGZHOU, China, Sept. 11, 2024 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it plans to change the ratio of its American Depositary Shares ("ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.000005 per share, from the current ADS Ratio of one (1) ADSs to one hundred (100) Class A ordinary shares to a new ADS Ratio of one (1) ADS to four hundred (400) Class A ordinary shares. A post-effective amendment to the ADS Registration Statement on Form F-6 will be filed with the SEC to reflect the change in the ADS Ratio. The Company anticipates that the change in the ADS Ratio will be effective on or about September 13, 2024, subject to the effectiveness of the post-effective amendment to the ADS Registration Statement on Form F-6 on or before that date.For Yunji's ADS holders, the change in the ADS Ratio will have the same effect as a one-for-four reverse ADS split, effect
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News
- Yunji regains compliance with Nasdaq's listing rule [Seeking Alpha]Seeking Alpha
- Yunji Has Regained Compliance with Nasdaq's Minimum Bid Price RequirementPR Newswire
- Yunji announces plan to implement ADS ratio change [Seeking Alpha]Seeking Alpha
- Yunji Inc. (YJ) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Yunji Announces Second Quarter 2024 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
YJ
Sec Filings
- 9/11/24 - Form 6-K
- 8/23/24 - Form 6-K
- YJ's page on the SEC website