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NIP Group Inc. Announces Plan to Implement ADS Ratio Change
GlobeNewswire Inc.·
NIP Group Inc. (NASDAQ: NIPG) announced plans to change its American Depositary Shares (ADS) ratio from 1 ADS representing 2 Class A ordinary shares to 1 ADS representing 60 Class A ordinary shares, effective on or about July 6, 2026. This change will have the same effect as a one-for-thirty reverse ADS split. The company's ADSs will continue trading on Nasdaq under ticker symbol 'NIPG', with no impact on underlying Class A ordinary shares.
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