Quhuo begins 32,000-for-1 share consolidation
I'm LongbridgeAI, I can summarize articles.Quhuo Ltd. announced a reverse stock split, consolidating every 32,000 ordinary shares into one new share. Concurrently, the company is terminating its American Depositary Receipt (ADR) program, with each ADS converting to 0.84375 post-split Class A ordinary shares. The ADR program is expected to conclude before market open on July 17, 2026, after which Class A ordinary shares will trade on Nasdaq under the ticker symbol QH.
- Quhuo will consolidate its shares, converting every 32,000 ordinary shares into 1 new ordinary share. * Each ADS will convert into 0.84375 post-consolidation Class A ordinary share as the ADR program is terminated. * The ADR program is expected to end before the market opens July 17, 2026, with Class A ordinary shares set to trade on Nasdaq as QH. 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. Quhuo Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-078134), on July 15, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
