STOCK TITAN

Xiao-I plans 1-for-7 reverse ADS split in 2026

Xiao-I Corporation will implement a one-for-seven effective reverse ADS split on September 8, 2026, without changing its underlying ordinary shares.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Xiao-I Corporation (AIXI) plans a change to its American Depositary Share (ADS) ratio, moving from one ADS representing 60 ordinary shares to one ADS representing 420 ordinary shares, which has the same effect for ADS holders as a one-for-seven reverse ADS split. The ADSs are expected to begin trading on a post-reverse ADS split basis on The Nasdaq Stock Market under the symbol AIXI on September 8, 2026. Ordinary shares are not affected; no ordinary shares will be issued or canceled, and only the ADS-to-share ratio changes. Every seven then-held ADSs will automatically be exchanged for one new ADS, and fractional ADS entitlements will be aggregated, sold by the depositary, and the net cash proceeds distributed to the relevant ADS holders after applicable fees, taxes and expenses.

Positive

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Negative

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Filing Explained

The September 3, 2026 6-K is incorporated by reference into Xiao-I’s Form S-8 and Form F-3 registration statements from its submission date, unless later documents supersede it, linking this report to those registrations.

Old ADS ratio 1 ADS = 60 ordinary shares ADS ratio before the announced change
New ADS ratio 1 ADS = 420 ordinary shares ADS ratio after the announced change
Effective reverse ADS split ratio 1-for-7 Effect for ADS holders of exchanging seven old ADSs for one new ADS
ADS exchange rate 7 ADSs for 1 new ADS Automatic exchange of existing ADSs on the effective date
Effective date September 8, 2026 Date ADSs are expected to start trading on a post-reverse ADS split basis
New ADS CUSIP 98423X407 CUSIP for ADSs following the reverse ADS split
American Depositary Shares financial
"change the ratio of its American Depositary Shares ("ADSs") to its ordinary"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
reverse ADS split financial
"effect as a one-for-seven reverse ADS split"
A reverse ADS split is a corporate action that combines multiple American Depositary Shares (ADS) into a smaller number of ADS, so each new ADS represents more underlying ordinary shares and the price per ADS rises proportionally. Think of merging several small coins into one bigger coin: your total value stays the same, but the share count and per‑share price change, which can affect trading liquidity, index inclusion, and investor perception of the stock.
depositary financial
"new ADSs being issued by Citibank, N.A., as depositary"
A depositary is a financial institution that holds and safeguards financial assets, such as stocks or bonds, on behalf of investors. It ensures that ownership records are accurate and that transactions are processed securely. For investors, a depositary provides a trustworthy way to manage their investments, similar to a secure vault that keeps valuables safe and organized.
cognitive intelligence technical
"Xiao-I Corporation is a leading cognitive intelligence enterprise in China"
affective computing technical
"covering natural language processing, voice and image recognition, machine learning, and affective computing"
Affective computing is technology that detects and responds to human emotions by reading voice tone, facial expressions, body signals or physiological data and then adjusting a device’s behavior. For investors it matters because these systems can boost user engagement, personalize services, and open new product markets while also creating privacy, accuracy and regulatory risks that can affect revenue, adoption and valuation — like a thermostat that not only measures temperature but also senses comfort and adapts accordingly.

FAQ

What ADS ratio change did Xiao-I Corporation (AIXI) announce?

Xiao-I Corporation announced it will change its ADS ratio from 1 ADS = 60 ordinary shares to 1 ADS = 420 ordinary shares, which has the same effect for ADS holders as a one-for-seven reverse ADS split.

When will AIXI ADSs start trading on a post-reverse ADS split basis?

Xiao-I’s ADSs are expected to begin trading on a post-reverse ADS split basis on The Nasdaq Stock Market on September 8, 2026, with the exchange of ADSs occurring automatically on that effective date.

Are Xiao-I Corporation’s ordinary shares affected by the ADS ratio change?

No. The company states that its ordinary shares will not be affected by the ADS ratio change. No ordinary shares will be issued or canceled, and holders of ordinary shares are unaffected; only the ADS-to-share ratio changes.

How will existing AIXI ADSs be exchanged under the new ratio?

On the effective date, every seven then-held ADSs will automatically be exchanged for one new ADS. The existing ADSs will be canceled and new ADSs issued by Citibank, N.A. as depositary, with no action required from ADS holders.

What happens to fractional AIXI ADS positions after the ratio change?

Fractional new ADSs will not be issued. Instead, fractional entitlements will be aggregated and sold by the depositary, and the net cash proceeds, after applicable fees, taxes and expenses, will be distributed to the relevant ADS holders under the deposit agreement.

Will Xiao-I Corporation (AIXI) change its ticker or CUSIP after the ADS ratio change?

The ADSs will continue trading under the same ticker symbol AIXI. The company expects the new CUSIP number for its ADSs after the reverse ADS split to be 98423X407.

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Learn about SEC filing dates

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2026

 

Commission File Number 001-41631

 

Xiao-I Corporation

(Translation of registrant’s name into English)

 

5/F, Building 2, No. 2570

Hechuan Road, Minhang District

Shanghai, China 201101

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒        Form 40-F ☐

 

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

Xiao-I Corporation (the “Company”) is furnishing this Report on Form 6-K to report the issuance of a press release announcing its plan to change the ratio of its American Depositary Shares (“ADSs”) to its ordinary shares from one (1) ADS representing sixty (60) ordinary shares to one (1) ADS representing four hundred and twenty (420) ordinary shares. For the Company’s ADS holders, the change in the ADS ratio will have the same effect as a one-for-seven reverse ADS split.

 

The ordinary shares of the Company will not be affected by this change in the ADS ratio. No ordinary shares will be issued or canceled in connection with the change in the ADS ratio, and holders of the Company’s ordinary shares will be unaffected by the new ADS ratio.

 

The Company’s ADSs are expected to trade on The Nasdaq Stock Market on a post-reverse ADS split basis under the symbol “AIXI” beginning on September 8, 2026 (the “Effective Date”). The new CUSIP number for the Company’s ADSs following the reverse ADS split is expected to be 98423X407. The exchange of every seven (7) then-held ADSs for one (1) new ADS will occur automatically on the Effective Date, with the then-held ADSs being canceled and new ADSs being issued by Citibank, N.A., as depositary.

 

A copy of the press release is attached hereto as Exhibit 99.1.

  

Incorporation by Reference

 

This Report on Form 6-K is hereby incorporated by reference into each of the Registrant’s Registration Statements on Form S-8 (File No. 333-286469) and Form F-3 (File No. 333-279306), to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished. 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: September 3, 2026 Xiao-I Corporation
   
  By: /s/ Mingqu Lin
    Name:  Mingqu Lin
    Title: Chief Executive Officer

 

2

 

 

 

 

Exhibit 99.1

 

Xiao-I Corporation Announces ADS Ratio Change with Marketplace Effective Date on September 8, 2026

 

SHANGHAI, September 3, 2026 /PRNewswire/ -- Xiao-I Corporation (Nasdaq: AIXI) (the “Company”) today announced that it plans to change the ratio of its American Depositary Shares (“ADSs”) to its ordinary shares from one (1) ADS representing sixty (60) ordinary shares to one (1) ADS representing four hundred and twenty (420) ordinary shares. For the Company’s ADS holders, the change in the ADS ratio will have the same effect as a one-for-seven reverse ADS split.

 

The Company’s ADSs are expected to begin trading on The Nasdaq Stock Market on a post-reverse ADS split basis under the same ticker symbol, “AIXI,” effective at the open of business on September 8, 2026 (the “Effective Date”). The new CUSIP number for the Company’s ADSs following the reverse ADS split is expected to be 98423X407.

 

The ordinary shares of the Company will not be affected by the change in the ADS ratio. No ordinary shares will be issued or canceled in connection with the change in the ADS ratio, and holders of the Company’s ordinary shares will be unaffected by the new ADS ratio.

 

The exchange of every seven (7) then-held ADSs for one (1) new ADS will occur automatically on the Effective Date, with the then-held ADSs being canceled and new ADSs being issued by Citibank, N.A., as depositary. No action is required by ADS holders to effect the exchange.

 

Fractional new ADSs will not be issued in connection with the change in the ADS ratio. Instead, fractional entitlements to new ADSs will be aggregated and sold by the depositary, and the net cash proceeds from the sale, after deduction of applicable fees, taxes and expenses, will be distributed to the applicable ADS holders in accordance with the terms of the deposit agreement.

 

 About Xiao-I Corporation

 

Xiao-I Corporation is a leading cognitive intelligence enterprise in China that offers a diverse range of business solutions and services in artificial intelligence, covering natural language processing, voice and image recognition, machine learning, and affective computing. Since its inception in 2001, the Company has developed an extensive portfolio of cognitive intelligence technologies that are highly suitable and have been applied to a wide variety of business cases. Xiao-I powers its cognitive intelligence products and services with its cutting-edge, proprietary AI technologies to enable and promote industrial digitization, intelligent upgrading, and transformation. For more information, please visit: www.xiaoi.com.

 

Forward-Looking Statements

 

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s ability to achieve its goals and strategies, its future business development, financial condition, and results of operations, product and service demand and acceptance, reputation and brand, the impact of competition and pricing, changes in technology, government regulations, fluctuations in general economic and business conditions in China, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission (“SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, including under the section entitled “Risk Factors” in its annual report on Form 20-F, as amended by Amendment No. 1 on Form 20-F/A filed with the SEC on May 22, 2026, as well as its current reports on Form 6-K and other filings, all of which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

 

For investor and media inquiries, please contact:

 

Ms. Berry Xia

Email: ir@xiaoi.com

 

 

Filing Exhibits & Attachments

1 document