Pomdoctor to execute 1-for-18 reverse ADS split on June 22

Pomdoctor Limited (NASDAQ: POM) announced that its American depositary share ratio change will take effect on June 22, 2026, according to a press release from the China-based company.

The adjustment will change the ratio of ADSs to Class A ordinary shares from one ADS representing one-sixth of a Class A ordinary share to one ADS representing three Class A ordinary shares. The change will have the same effect as a one-for-18 reverse ADS split. The underlying Class A ordinary shares will not be affected.

ADS holders in the Direct Registration System and in The Depository Trust Company will have their ADSs automatically exchanged on the effective date, with every 18 existing ADSs being cancelled and replaced by one new ADS issued by Citibank, N.A., the depositary bank for the program.

The company's ADSs are expected to begin trading on the Nasdaq Stock Market on a post-reverse split basis under the same ticker symbol "POM" at market open on June 22. The new CUSIP number for the ADSs will be 73181R207.

No fractional new ADSs will be issued. Fractional entitlements will be aggregated and sold by the depositary, with net cash proceeds distributed to applicable ADS holders after applicable deductions under the deposit agreement.

The ADS trading price is expected to increase proportionally following the change, though the company stated it cannot assure that the post-change price will equal or exceed 18 times the pre-change price.

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