05:24 AM EDT, 07/14/2025 (MT Newswires) -- NaaS Technology ( NAAS ) said Monday it plans to change its current ratio of one American depositary share to 800 of its class A ordinary shares to a new ADS ratio of one ADS to 3,200 class A ordinary shares.
The change in the ADS ratio is expected to become effective on or about July 30.
For the company's ADS holders, the change in the ADS Ratio will have the same effect as a one-for-four reverse ADS split, NaaS Technology ( NAAS ) said.
The change in the ADS Ratio is expected to increase the ADS trading price proportionally, although the company can give no assurance that the ADS trading price after the change will be equal to or greater than four times the ADS trading price before the change, it said.