NaaS Technology Inc. Announces 1-for-4 Reverse ADS Split Effective July 30, 2025

Reuters
14 Jul
NaaS Technology Inc. Announces 1-for-4 Reverse ADS Split Effective July 30, 2025

NaaS Technology Inc., a U.S.-listed EV charging service company in China, announced a change in its American Depositary Shares $(ADS.AU)$ ratio from one ADS to 800 Class A ordinary shares to one ADS to 3,200 Class A ordinary shares, effectively a one-for-four reverse ADS split. This change is expected to be effective on or around July 30, 2025, and aims to proportionally increase the ADS trading price. The company's ADSs will continue to trade on Nasdaq under the symbol "NaaS."

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