Brief: Ambow Education Announces Plan To Implement ADS Ratio Change

Ambow Education Holding

29/01/2024 21:54

Jan 29 (Reuters) - Ambow Education Holding Ltd  AMBO.A :
    * AMBOW EDUCATION ANNOUNCES PLAN TO IMPLEMENT ADS RATIO
CHANGE
    * AMBOW: TO CHANGE RATIO OF 1 ADS, REPRESENTING 2 CLASS A
ORDINARY
SHARES, TO 1 ADS REPRESENTING 20 CLASS A ORDINARY SHARES
    * AMBOW EDUCATION HOLDING LTD: ADS RATIO CHANGE IS EXPECTED
TO
BECOME EFFECTIVE ON OR ABOUT FEBRUARY 20, 2024, U.S. EASTERN
TIME
    * AMBOW EDUCATION: EXPECTS RATIO CHANGE TO RESTORE
COMPLIANCE WITH
NYSE AMERICAN'S CONTINUED LISTING STANDARDS

Source text for Eikon:  ID:nPn9TrDH2a 
Further company coverage:  AMBO.A 

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