Xiao-I Corporation, headquartered in Shanghai, China, operates primarily through its subsidiary, Shanghai Xiao-i Robot Technology Co., Ltd. Established in 2018, the company delivers a broad spectrum of artificial intelligence services throughout the People's Republic of China, encompassing smart city initiatives, software solutions, and architectural design. Their extensive portfolio features advanced AI-driven software and cognitive intelligence platforms. These systems leverage sophisticated capabilities such as natural language processing (NLP), speech processing, computer vision, machine learning, emotional computing (affective computing), data intelligence, and hyperautomation. Specific product platforms include conversational AI, knowledge management systems, intelligent voice technology, cloud services, vision analysis, intelligent hardware support, and even solutions for intelligent construction and the metaverse. Xiao-I caters to a diverse clientele across various sectors, including telecommunications, financial services, government agencies, legal firms, healthcare providers, and manufacturing, among others.
Xiao-I Corporation Announces ADS Ratio Change with Marketplace Effective Date on September 8, 2026
Xiao-I Corporation will change its ADS ratio from one ADS representing 60 ordinary shares to one ADS representing 420 ordinary shares, effective at the open of business on September 8, 2026, with the ADSs continuing to trade on Nasdaq under the same ticker, AIXI.
For ADS holders the change is equivalent to a one-for-seven reverse ADS split: every seven existing ADSs will automatically be exchanged for one new ADS through depositary Citibank, N.A., with no holder action required and no effect on the underlying ordinary shares.
Fractional new ADSs will be aggregated and sold by the depositary, with net proceeds distributed to holders after fees and taxes. Reverse splits of this type are typically used to lift the per-ADS trading price — frequently a response to Nasdaq minimum bid-price pressure, though the release does not state a reason.