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Boqii Holding Limited Announces Effectiveness of Substitution Listing and 1-for-160 Reverse Split
Prnewswire· 2025-07-11 13:00
SHANGHAI, July 11, 2025 /PRNewswire/ -- As Boqii Holding Limited ("Boqii" or the "Company") (NYSE American: BQ) previously announced, the Company ceased the listing of the American Depositary Shares (the "ADSs") representing its Class A ordinary shares of par value US$0.001 each on the NYSE American LLC ("AMEX") and listed its Class A ordinary shares of a par value of US$0.16 each on a post-reverse stock split basis for trading on AMEX in substitution for the ADSs (the "Substitution Listing"), effective on ...
Boqii Holding Limited Announces Update on Substitution Listing and 1-for-160 Reverse Split
Prnewswire· 2025-07-01 21:00
Core Viewpoint - Boqii Holding Limited plans to cease the listing of its American Depositary Shares (ADSs) on NYSE American and will substitute them with its Class A ordinary shares on a post-reverse stock split basis, effective July 11, 2025 [1][2][4] Group 1: Listing Changes - The Company will stop trading its ADSs on AMEX at 4:00 p.m. (New York Time) on July 10, 2025, with the ADR Facility terminating at the close of business on July 11, 2025 [1][2] - Following the termination of the ADR Facility, a reverse stock split will occur, consolidating every 160 existing ordinary shares into one new ordinary share with a par value of US$0.16 [3] - Holders of ADSs will have their shares automatically cancelled and will receive 0.9375 new Class A ordinary shares for each ADS cancelled [3] Group 2: Share Structure and Trading - The Company's Class A ordinary shares are expected to commence trading on AMEX under the symbol "BQ" on July 11, 2025, after the reverse split and mandatory exchange [4] - Post-reverse split, the total outstanding ordinary shares will be reduced to 2,879,559, consisting of 2,798,073 Class A ordinary shares and 81,486 Class B ordinary shares [4] - The new CUSIP number for the consolidated Class A ordinary shares will be G1311F119 [4] Group 3: Company Overview - Boqii Holding Limited is a leading pet-focused platform in China, offering a wide selection of high-quality pet products, including global and local brands, as well as its private labels [5] - The Company operates online sales platforms, including Boqii Mall and flagship stores on third-party e-commerce platforms, providing customers with convenient access to pet products [5] - Boqii Community serves as an informative and interactive platform for users to share knowledge and love for pets [5]
Boqii Announces Plan to End ADR Program and Consolidate Ordinary Shares to Trade on AMEX
Prnewswire· 2025-06-27 21:00
SHANGHAI, June 27, 2025 /PRNewswire/ -- Boqii Holding Limited ("Boqii" or the "Company") (NYSE American: BQ) today announced that it will terminate the Deposit Agreement dated September 29, 2020 (the "Termination"), among the Company, The Bank of New York Mellon (the "Depositary"), and the owners and holders of American depositary shares (the "ADSs") from time to time in the near future, which was approved by its shareholders on June 26, 2025. In conjunction with this Termination, the Company will effect a ...