Lion Group Holding Ltd Plans ADS Ratio Change
News related to:Lion Group Holding Ltd · 2 min read
SINGAPORE, Sept. 7, 2026 /CourierPR/ -- Lion Group Holding Ltd plans to change its American Depositary Shares (ADS) ratio, effective on September 10, 2026. Currently, each ADS represents 292,500 Class A ordinary shares. The new ratio will be one ADS to 5,850,000 Class A ordinary shares, essentially creating a one-for-twenty reverse ADS split.
According to the company, this change is designed to better align the value of its ADSs with its ordinary shares. The company expects the adjustment to increase the trading price of its ADSs proportionally, though it cannot guarantee the new price will be exactly 20 times the current price.
Holders of certificated ADSs will need to surrender their existing shares to the depositary bank for cancellation in exchange for new ADSs. For uncertificated ADSs held in the Direct Registration System (DRS) and The Depository Trust Company (DTC), the exchange will be automatic. The company will not issue fractional new ADSs; instead, any fractional entitlements will be aggregated and sold by the depositary bank, with the net proceeds distributed to the applicable ADS holders.
Lion Group Holding Ltd operates an all-in-one trading platform that offers total return service (TRS) trading, contract-for-difference (CFD) trading, and Over-the-counter (OTC) stock options trading. The company noted that the ADS ratio change will have no impact on its underlying Class A ordinary shares, nor will any new shares be issued or cancelled.
The company's ADSs will continue to trade under the ticker symbol "LGHL" on the Nasdaq Capital Market. Lion Group Holding Ltd cautions investors that this press release includes forward-looking statements that involve risks and uncertainties. The company encourages investors to consult its periodic filings with the SEC for additional information regarding these and other factors that could impact the company's future results.
The ADS ratio change is part of Lion Group Holding Ltd's ongoing efforts to enhance shareholder value and improve market liquidity. The company's management believes that the adjustment will help to better reflect the value of its shares and maintain its competitive position in the market.