reverse ADS split
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So-Young Announces ADS Ratio Implementation Plan
So-Young International (Nasdaq: SY) plans a reverse ADS split, changing its ADS ratio from 13:10 to 1:15, effective June 30, 2025. This adjustment, impacting ADS holders without required action, aims to proportionally increase the ADS price. Fractional entitlements will be sold, with net proceeds distributed to ADS holders. So-Young, connecting consumers with aesthetic treatments in China, highlights potential market risks.