Mynd.ai Resets ADS Ratio to 75:1, Mirroring 1-for-7.5 Reverse Split
Alpharetta – November 07, 2026 -- Mynd.ai, Inc. will raise the number of ordinary shares represented by each American Depositary Share from 10 to 75, an adjustment that works as a one-for-7.5 reverse ADS split for holders.
Mynd.ai sets effective date of December 7, 2027 for the ratio change
The company said the change is expected to take effect on or about December 7, 2027 (U.S. Eastern Time). It remains subject to completion of procedures with its depositary, Citibank, N.A., and other relevant parties. The ADSs will keep trading on the NYSE American under the symbol "MYND" and will carry a new CUSIP number, 628988206.
The underlying ordinary shares are unaffected. No ordinary shares will be issued or cancelled.