05:47 PM EDT, 03/27/2024 (MT Newswires) -- NuCana ( NCNA ) said Wednesday it intends to change the ratio of its American Depository Shares to its ordinary shares to one ADS representing 25 ordinary shares.

The current ratio stands at one ADS representing one share, according to the company.

The changed ratio will become effective on or about April 16, the company said.

The change in the ratio will support liquidity and help the company regain compliance with the Nasdaq minimum bid price requirement, NuCana ( NCNA ) added.

The shares of the company were down 18.6% in after-hours activity.

Price: 0.25, Change: -0.06, Percent Change: -18.56