17 Education & Technology to change ratio of its ADSs

seekingalpha2023-12-14

17 Education & Technology Group (NASDAQ:YQ) changes the ratio of its ADSs to its Class A ordinary shares, par value US$0.0001/share, from the current ADS Ratio of 1 ADS to 10 Class A ordinary shares ...

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Q3 2023 Earnings Call Transcript Financial information for 17 Education & Technology","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4535":"淡马锡持仓","BK4204":"教育服务","YQ":"一起教育科技","BK4510":"在线教育"},"translate_title":"17其ADS的教育及技术变革比率","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"YQ":1},"content_text":"17 Education & Technology Group (NASDAQ:YQ) changes the ratio of its ADSs to its Class A ordinary shares, par value US$0.0001/share, from the current ADS Ratio of 1 ADS to 10 Class A ordinary shares to a new ADS Ratio of 1 ADS to 50 Class A ordinary shares, effective on or about Dec. 18, 2023.  For 17EdTech’s ADS holders, the change in the ADS Ratio will have the same effect as a one-for-five reverse ADS split. 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