Cango Inc. has transitioned from its American Depositary Receipt (ADR) program to a direct listing of its Class A ordinary shares on the New York Stock Exchange. As part of this change, holders of the company's ADS received two Class A ordinary shares for each ADS, having a similar effect as a 2-for-1 share split. No new shares were issued and there was no dilution to existing shareholders.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cango Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN25903) on November 17, 2025, and is solely responsible for the information contained therein.
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