CNFinance Holdings Regains NYSE Compliance After ADS Ratio Change
CNFinance Holdings Ltd. has regained compliance with the NYSE minimum share price requirement after changing its ADS-to-Class A ordinary share ratio from 1:20 to 1:200, effective September 5, 2025. This adjustment allowed the company to meet the minimum average closing price of $1.00 for its American depositary shares over a 30-day trading period, enabling it to continue trading on the exchange.
CNFinance Holdings Ltd. announced that it has regained compliance with the New York Stock Exchange (NYSE) minimum share price requirement under Section 802.01C of the NYSE Listed Company Manual. The company had previously fallen below the minimum average closing price of $1.00 for its American depositary shares (ADSs) over a 30-day trading period. To address this, CNFinance changed the ADS-to-Class A ordinary share ratio from 1:20 to 1:200, effective September 5, 2025. Following this adjustment, the NYSE notified the company that its stock price met the minimum requirement, allowing CNFinance to continue trading on the exchange. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CNFinance Holdings Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN97175) on October 14, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
