NewsMeter
(NASDAQ: LGHL) plans to change the ratio of its American Depositary Shares, per a press release dated July 9, 2026.
The Singapore-based company operates an all-in-one trading platform covering a wide spectrum of products and services. ADS ratio mechanics American Depositary Shares give U.S.
investors exposure to foreign-listed equities through receipts traded on domestic exchanges. The ratio in an ADS program determines how many underlying ordinary shares each receipt represents.
Adjusting it reprices the ADS per unit on the secondary market. A tighter ratio means each ADS covers fewer underlying shares, lifting the unit price; a looser ratio does the opposite.
Keep reading