Token Cat plans ADS ratio change, effective August 29, 2025.

Token Cat Limited, a leading automotive marketplace in China, plans to change the ratio of its American depositary shares (ADSs) from 1 ADS representing 240 Class A ordinary shares to 1 ADS representing 4800 Class A ordinary shares. The ADS Ratio Change is expected to be effective on August 29, 2025, and will have the same effect as a one-for-twenty reverse ADS split. Existing ADS holders will have their ADSs exchanged automatically.

Token Cat Limited (TC), a prominent automotive marketplace in China, has announced plans to change the ratio of its American depositary shares (ADSs). The ADS ratio change, scheduled to be effective on August 29, 2025, will alter the ratio from 1 ADS representing 240 Class A ordinary shares to 1 ADS representing 4,800 Class A ordinary shares. This move, equivalent to a one-for-twenty reverse ADS split, will be executed automatically for existing ADS holders.

The exchange will occur through The Depository Trust Company and Direct Registration System. Fractional ADSs will be aggregated, sold by the depositary bank, and the net proceeds distributed to applicable holders. The company's Class A ordinary shares will remain unchanged, and TC will continue trading on the Nasdaq Capital Market under the same symbol.

This strategic adjustment aims to enhance the company's financial structure and align it with current market standards. The reverse ADS split is expected to improve liquidity and make the stock more attractive to investors. The change does not impact the company's operational activities or its position in the automotive retail landscape.

Token Cat Limited has been actively engaged in various strategic developments, including technological innovations and market expansions. The company's recent initiatives, such as the adoption of the DeepSeek R1 model for intelligent technology upgrades and its entry into the cryptocurrency sector, underscore its commitment to staying at the forefront of automotive commerce.

For the latest updates and detailed financial communications, investors and industry observers are encouraged to visit Token Cat's dedicated news page [1].

References:
- [1] https://www.stocktitan.net/news/TC/