Lion Group to Change ADS Ratio

  • Facebook.
  • Twitter.
  • LinkedIn.
  • Print

04:42 PM EDT, 03/21/2025 (MT Newswires) -- Lion Group ( LGHL ) said Friday it plans to change the ratio of its American depositary shares to its Class A shares.

The new ratio will be one ADS to 2,500 Class A shares from the current ADS ratio of one ADS to 50 Class A shares, Lion said. It expects the change to be effective March 26.

The ratio change will have the same effect as a 1-for-50 reverse ADS split and is intended to help the company regain compliance with Nasdaq's minimum bid price requirement, it said.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

© 1999-2025 Midnight Trader, Inc. All rights reserved.

  • Facebook.
  • Twitter.
  • LinkedIn.
  • Print
close
Please enter a valid e-mail address
Please enter a valid e-mail address
Important legal information about the e-mail you will be sending. By using this service, you agree to input your real e-mail address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an e-mail. All information you provide will be used by Fidelity solely for the purpose of sending the e-mail on your behalf.The subject line of the e-mail you send will be "Fidelity.com: "

Your e-mail has been sent.
close

Your e-mail has been sent.