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 Plan to Implement ADS Ratio Change
Xiao-I Corporation announced a change in its ADS ratio from one ADS representing 60 ordinary shares to one ADS representing 420 ordinary shares.
This adjustment has the same effect as a one-for-seven reverse ADS split, which is expected to be effective on or about September 8, 2026.
The change will be automatically processed by depositary Citibank, N.A., with fractional entitlements sold for cash, while the underlying ordinary shares remain unchanged.