Boqii to list ordinary shares on NYSE American, replacing ADSs after reverse split
1 week ago
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- Boqii Holding (NYSE:BQ) will terminate its deposit agreement with The Bank of New York Mellon, ending its American Depositary Shares program.
- In connection with the termination, Boqii will implement a 160-to-1 reverse stock split, consolidating its ordinary shares.
- Boqii Holding Limited will list its Class A ordinary shares on NYSE American following the termination.
- BQ shares down 4% post-market on Friday.
- Source: Press release
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- Boqii to list ordinary shares on NYSE American, replacing ADSs after reverse split