NIP Group Inc. Announces Plan to Implement ADS Ratio Change

NIP Group Inc. announced a plan to change its American Depositary Shares (ADSs) to ordinary shares ratio from 1:2 to 1:60. This change is equivalent to a one-for-thirty reverse ADS split for ADS holders. The company will file an amendment to its registration statement to reflect this change, which is expected to be effective around July 6, 2026. Holders of ADSs will not need to take any action as the exchange will be automatic. Fractional ADSs will be sold, and proceeds distributed to holders. The ADS ratio change will not affect the underlying ordinary shares. The company expects the ADS trading price to increase proportionally. NIP Group operates in Bitcoin mining, compute infrastructure, and digital entertainment.