| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
DouYu International Holdings Limited ("DouYu" or the "Company") (NASDAQ:DOYU) today announced it plans to change the ratio of its American depositary shares (the "ADSs") to ordinary shares of the Company with a par value of US$0.0001 per ordinary share (each, an "Ordinary Share," and collectively, the "Ordinary Shares") from ten (10) ADSs representing one (1) Ordinary Share to one (1) ADS representing one (1) Ordinary Share (such change, the "ADS Ratio Change").
For DouYu's ADS holders, this ADS Ratio Change will have the same effect as a one-for-ten reverse ADS split. There will be no change to DouYu's Ordinary Shares. No action is required by holders of uncertificated ADSs to effect the ADS Ratio Change, as the change will be effected on the books of the ADS depositary. Any fractional ADSs will be sold, and the net proceeds from the sale of fractional ADSs will be distributed to the holders entitled thereto.
Posted In: DOYU
