American depositary receipts (ADRs)
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Metaplanet to start sponsored ADR program to woo over-the-counter U.S. investors
Yahoo Finance· 2025-12-19 09:41
Japanese bitcoin treasury company Metaplanet (3350) said its American depositary receipts (ADRs) will start trading Dec. 19 on the U.S. over-the-counter (OTC) market under the ticker MPJPY. The securities are designed to improve access, transparency and operational efficiency for U.S. based investors in the fourth-largest corporate holder of bitcoin (BTC). They will replace existing, unsponsored OTC trading under the MTPLF ticker, which lacked a formal deposit agreement and direct company involvement. Th ...
AirNet Announces Termination of Deposit Agreement
Globenewswire· 2025-04-28 08:30
Core Points - AirNet Technology Inc. will terminate the amended and restated Deposit Agreement effective May 30, 2025 [1][2] - On the effective date, holders of American depositary shares (ADSs) will have their ADSs automatically cancelled and will receive one ordinary share for each ADS cancelled [2] Company Actions - The termination of the Deposit Agreement will be communicated to all holders and beneficial owners of the Company's American depositary receipts (ADRs) around April 30, 2025 [2] - The underlying Deposited Securities will be distributed to ADS holders as part of the Mandatory Exchange [2]