PR Newswire·Nov 6, 2026, 4:45 PM ET

Mynd.ai Announces Change to American Depositary Share Ratio

Mynd.ai, Inc. will change its ADS ratio from one ADS representing ten ordinary shares to one ADS representing seventy-five ordinary shares.
The ratio change functions as a one-for-7.5 reverse ADS split for the company's ADS holders.
The change is expected to become effective on or about December 7, 2027, subject to completion of procedures with depositary Citibank.
ADSs will continue trading on the NYSE American under the symbol "MYND" with a new CUSIP number of 628988206.
Ordinary shares will remain unaffected, with no new shares issued or cancelled in connection with the ADS ratio change.
Every 7.5 existing ADSs will be automatically exchanged for one new ADS on the effective date, with fractional entitlements aggregated, sold, and net proceeds distributed to holders.
ADS holders are not required to take action, as holdings in brokerage accounts will adjust automatically.
The company will pay the depositary's fees associated with the surrender, cancellation, exchange, and issuance of ADSs.
Mynd.ai is a global provider of interactive technology solutions operating in over 125 countries with more than 1 million learning spaces using its products.