🔴 XIAO-I is trading 7.36% down in pre-market after its one-for-seven reverse ADS split took effect

XIAO-I is trading 7.36% down at $3.02 after its one-for-seven reverse ADS split became effective on September 8, 2026.

• The ADS ratio changed from one ADS representing 60 ordinary shares to 420 shares; every seven existing ADSs were exchanged for one new ADS.
• September 8 closed at $3.26, versus $0.47 on September 4, following sharp prior-session repricing.
• No separate overnight company announcement was identified.