Boqii Holding Limited Announces Effectiveness of Substitution Listing and 1-for-160 Reverse Split
Boqii Holding (NYSE American: BQ) has announced two significant corporate actions effective July 11, 2025. First, the company completed a substitution listing, transitioning from American Depositary Shares (ADSs) to directly listing its Class A ordinary shares on the NYSE American exchange. Second, Boqii implemented a 1-for-160 reverse stock split, where every 160 Class A ordinary shares with par value of US$0.001 were consolidated into one new ordinary share with par value of US$0.16.
The ADSs were automatically cancelled and exchanged for New Ordinary Shares at a rate of 0.9375 New Ordinary Share per ADS. Trading of the New Ordinary Shares commenced on NYSE American under the symbol "BQ" with a new CUSIP number G1311F119.
["Potential to maintain NYSE American listing compliance through share price increase", "Simplified trading structure by eliminating ADS layer"]Boqii Holding (NYSE American: BQ) ha annunciato due importanti azioni societarie efficaci dal 11 luglio 2025. In primo luogo, la societ脿 ha completato un listing di sostituzione, passando dalle American Depositary Shares (ADS) alla quotazione diretta delle sue azioni ordinarie di Classe A sul mercato NYSE American. In secondo luogo, Boqii ha effettuato un raggruppamento azionario inverso 1-per-160, consolidando ogni 160 azioni ordinarie di Classe A con valore nominale di 0,001 USD in una nuova azione ordinaria con valore nominale di 0,16 USD.
Le ADS sono state automaticamente cancellate e convertite in nuove azioni ordinarie al tasso di 0,9375 nuove azioni ordinarie per ogni ADS. La negoziazione delle nuove azioni ordinarie 猫 iniziata sul NYSE American con il simbolo "BQ" e un nuovo numero CUSIP G1311F119.
"Potenziale per mantenere la conformit脿 alla quotazione NYSE American tramite l鈥檃umento del prezzo delle azioni", "Struttura di negoziazione semplificata eliminando il livello ADS"
Boqii Holding (NYSE American: BQ) ha anunciado dos acciones corporativas importantes con efecto a partir del 11 de julio de 2025. Primero, la compa帽铆a complet贸 un listado por sustituci贸n, pasando de las American Depositary Shares (ADS) a listar directamente sus acciones ordinarias Clase A en la bolsa NYSE American. Segundo, Boqii implement贸 una consolidaci贸n inversa de acciones 1 por 160, donde cada 160 acciones ordinarias Clase A con valor nominal de US$0.001 se consolidaron en una nueva acci贸n ordinaria con valor nominal de US$0.16.
Las ADS fueron canceladas autom谩ticamente y canjeadas por nuevas acciones ordinarias a una tasa de 0.9375 nuevas acciones ordinarias por cada ADS. La negociaci贸n de las nuevas acciones ordinarias comenz贸 en NYSE American bajo el s铆mbolo "BQ" con un nuevo n煤mero CUSIP G1311F119.
"Potencial para mantener el cumplimiento de la cotizaci贸n en NYSE American mediante el aumento del precio de las acciones", "Estructura de negociaci贸n simplificada al eliminar la capa ADS"
Boqii Holding (NYSE American: BQ)電� 2025雲� 7鞗� 11鞚茧秬韯� 霊� 臧�歆� 欷戩殧頃� 旮办梾 臁办箻毳� 氚滍憸頄堨姷雼堧嫟. 觳Ц, 須岇偓電� 雽�觳� 靸侅灔鞚� 鞕勲頃橃棳 氙戈淡鞓堩儊歃濎劀(ADS)鞐愳劀 歆侅爲 NYSE American 瓯半灅靻岇棎 韥措灅鞀� A 氤错喌欤茧ゼ 靸侅灔頃橂姅 瓴冹溂搿� 鞝勴櫂頄堨姷雼堧嫟. 霊橃Ц, Boqii電� 1雽�160 鞎‰┐氤戫暕鞚� 鞁滍枆頃橃棳 鞎‰┐臧� 0.001雼煬鞚� 韥措灅鞀� A 氤错喌欤� 160欤茧ゼ 鞎‰┐臧� 0.16雼煬鞚� 鞁犾＜ 1欤茧 韱淀暕頄堨姷雼堧嫟.
ADS電� 鞛愲彊鞙茧 旆唽霅橁碃 1 ADS雼� 0.9375 鞁犾＜ 氤错喌欤茧 甑愴櫂霅橃棃鞀惦媹雼�. 鞁犾＜ 氤错喌欤茧姅 NYSE American鞐愳劀 "BQ" 鞁臣搿� 瓯半灅毳� 鞁滌瀾頄堨溂氅�, 靸堧鞖� CUSIP 氩堩樃電� G1311F119鞛呺媹雼�.
"欤缄皜 靸侅姽鞚� 韱淀暅 NYSE American 靸侅灔 攴滌爼 欷�靾� 臧�電レ劚", "ADS 瓿勳傅 鞝滉卑搿� 瓯半灅 甑“ 雼垳頇�"
Boqii Holding (NYSE American : BQ) a annonc茅 deux actions corporatives importantes effectives 脿 partir du 11 juillet 2025. Premi猫rement, la soci茅t茅 a r茅alis茅 une inscription par substitution, passant des American Depositary Shares (ADS) 脿 la cotation directe de ses actions ordinaires de Classe A sur le march茅 NYSE American. Deuxi猫mement, Boqii a mis en 艙uvre un regroupement invers茅 d鈥檃ctions au ratio 1 pour 160, o霉 chaque 160 actions ordinaires de Classe A d鈥檜ne valeur nominale de 0,001 USD ont 茅t茅 consolid茅es en une nouvelle action ordinaire d鈥檜ne valeur nominale de 0,16 USD.
Les ADS ont 茅t茅 automatiquement annul茅es et 茅chang茅es contre de nouvelles actions ordinaires au taux de 0,9375 nouvelle action ordinaire par ADS. La n茅gociation des nouvelles actions ordinaires a commenc茅 sur le NYSE American sous le symbole 芦 BQ 禄 avec un nouveau num茅ro CUSIP G1311F119.
芦 Potentiel de maintien de la conformit茅 脿 la cotation NYSE American gr芒ce 脿 l鈥檃ugmentation du cours de l鈥檃ction 禄, 芦 Structure de n茅gociation simplifi茅e par la suppression du niveau ADS 禄
Boqii Holding (NYSE American: BQ) hat zwei bedeutende Unternehmensma脽nahmen mit Wirkung zum 11. Juli 2025 angek眉ndigt. Erstens hat das Unternehmen ein Substitutionslisting abgeschlossen und ist von American Depositary Shares (ADS) zur direkten Notierung seiner Stammaktien der Klasse A an der NYSE American gewechselt. Zweitens hat Boqii eine 1-zu-160 Reverse-Aktien-Split durchgef眉hrt, bei dem jeweils 160 Klasse-A-Stammaktien mit einem Nennwert von 0,001 USD zu einer neuen Stammaktie mit einem Nennwert von 0,16 USD konsolidiert wurden.
Die ADS wurden automatisch storniert und zum Umtausch in neue Stammaktien im Verh盲ltnis von 0,9375 neuen Stammaktien pro ADS umgewandelt. Der Handel mit den neuen Stammaktien begann an der NYSE American unter dem Symbol "BQ" mit einer neuen CUSIP-Nummer G1311F119.
"Potenzial zur Einhaltung der NYSE American-Notierungsanforderungen durch Kurssteigerung", "Vereinfachte Handelsstruktur durch Wegfall der ADS-Ebene"
- None.
- Significant share consolidation may indicate previous price weakness
- Reduced float could potentially affect trading liquidity
Immediately following the termination of the ADS Facility and on the Effective Date, the Company implemented a reverse stock split (the "Reverse Split"), pursuant to which every 160 Class A ordinary shares of a par value of
The New Ordinary Shares commenced trading on AMEX on a post- Reverse Split basis and after the Mandatory Exchange under the symbol "BQ" on July 11, 2025. The new CUSIP number for the New Ordinary Shares is G1311F119.
About Boqii Holding Limited
Boqii Holding Limited (NYSE American: BQ) is a leading pet-focused platform in听China.听It is听the leading online destination for pet products and supplies in听China听with听a听broad selection of high-quality products including global leading brands, local emerging brands, and听its听own private label, Yoken, Mocare and D-cat, offered at competitive prices.听Boqii's听online sales platforms, including Boqii Mall and our flagship stores on third-party e-commerce platforms, provide customers with convenient access to a wide selection of high-quality pet products and an engaging and personalized shopping experience.听Its听Boqii Community provides an informative and interactive content platform for users to share their knowledge and love for pets.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor"听provisions of the
For investor inquiries, please contact:
Boqii Holding Limited
Investor Relations
Tel: +86-21-6882-6051
贰尘补颈濒:听[email protected]听
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SOURCE Boqii Holding Limited
FAQ
What is the exchange ratio for Boqii's (BQ) reverse stock split announced on July 11, 2025?
How does Boqii's ADS conversion work in the substitution listing?
When did Boqii's (BQ) new ordinary shares begin trading on NYSE American?
What happens to fractional shares in Boqii's reverse stock split?
What is the new par value of Boqii's shares after the reverse split?
