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Mynd.ai expects 1-for-7.5 reverse ADS split

Fractional ADS entitlements will be aggregated and sold, with net proceeds distributed after applicable fees, taxes and expenses.

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Form Type
6-K

Rhea-AI Filing Summary

Mynd.ai, Inc. (MYND) expects to change its ADS ratio from one ADS representing 10 ordinary shares to one ADS representing 75 ordinary shares, an adjustment with the same effect for ADS holders as a one-for-7.5 reverse ADS split. The 6-K narrative says the change is expected on or about December 7, 2026, while its attached press release gives December 7, 2027; each makes effectiveness subject to completion of applicable procedures with the depositary and other relevant parties.

The ordinary shares will not be affected, and no ordinary shares will be issued or cancelled. The exchange is expected to occur automatically, with every 7.5 ADSs exchanged for one new ADS. Fractional entitlements will be aggregated and sold, with net cash distributed to holders after fees, taxes and expenses; Mynd will pay the Depositary’s fees and charges for the exchange. Brokerage-held ADSs will be adjusted automatically, while holders of certificated ADSs will receive instructions.

Previous ADS ratio 1 ADS per 10 ordinary shares Ratio before the announced change
New ADS ratio 1 ADS per 75 ordinary shares Ratio expected after the change
ADS exchange ratio 7.5 ADSs for 1 new ADS Expected automatic exchange
Expected effective date in 6-K narrative On or about December 7, 2026 Subject to completion of applicable procedures
Expected effective date in attached press release On or about December 7, 2027 Subject to completion of applicable procedures
American Depositary Shares technical
"American Depositary Shares (“ADSs”)"
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 technical
"same effect as a one-for-7.5 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.
fractional entitlements financial
"fractional entitlements to new ADSs will be aggregated and sold"
Fractional entitlements occur when a corporate action (like a dividend, stock split, rights offering or consolidation) would give a shareholder a non-whole share or security — for example, 0.5 of a share. Companies typically settle these fractions by paying a small cash amount or rounding up/down, and this matters to investors because it changes cash balances, can slightly alter ownership percentages, and may have small tax and record-keeping implications, much like receiving change after splitting a bill.
deposit agreement financial
"in accordance with the terms of the deposit agreement"
A deposit agreement is a written contract between a customer and a financial institution that outlines the terms for opening and maintaining a deposit account, such as a savings or checking account. It explains important details like how funds can be accessed, any fees involved, and the institution’s responsibilities. For investors, understanding this agreement is important because it clarifies their rights and the rules governing their deposited funds.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When will MYND's ADS ratio change?

The expected effective date differs within the report: the main 6-K text says on or about December 7, 2026, while the attached press release says on or about December 7, 2027. Both statements make the change subject to completion of applicable procedures with the depositary and other relevant parties.

How many ordinary shares will each MYND ADS represent after the change?

After the change, each ADS is expected to represent 75 ordinary shares, compared with 10 ordinary shares previously. For ADS holders, the change has the same effect as a one-for-7.5 reverse ADS split.

What happens to fractional MYND ADSs?

Fractional new ADSs will not be issued. The depositary will aggregate and sell fractional entitlements, then distribute net cash proceeds to applicable ADS holders after applicable fees, taxes and expenses.

Do MYND ADS holders need to take action for the ratio change?

ADS holders are not required to take any action. ADSs held in brokerage accounts will be adjusted automatically, and holders of certificated ADSs will receive instructions from the depositary.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

For the month of November 2026
Commission file number: 001-38203
Mynd.ai, Inc.
(Exact name of Registrant as specified in its charter)
Not applicable
(Translation of Registrant’s name into English)

Maples Corporate Services Limited,
PO Box 309,
Ugland House,
Grand Cayman KY1-1104
Cayman Islands
(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 ☒ Yes Form 40-F ☐ No




INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K
On November 6, 2026, Mynd.ai, Inc. (“Mynd” or the “Company”) announced that it will change the ratio of its American Depositary Shares (“ADSs”) to its ordinary shares from one ADS representing ten (10) ordinary shares to one ADS representing seventy-five (75) ordinary shares. For the Company’s ADS holders, the change in the ADS ratio will have the same effect as a one-for-7.5 reverse ADS split.
The ADS ratio change is expected to become effective on or about December 7, 2026 (U.S. Eastern Time), subject to completion of the applicable procedures with the Company’s depositary, Citibank, N.A. (the “Depositary”), and other relevant parties. The ADSs will continue to trade on the NYSE American under the symbol “MYND,” with a new CUSIP number of 628988206. The ordinary shares of the Company will not be affected by the change in the ADS ratio, and no ordinary shares will be issued or cancelled in connection with it.
The exchange of every seven and one-half (7.5) then-held ADSs for one new ADS is expected to occur automatically on the effective date, with the then-held ADSs being cancelled and new ADSs issued by the Depositary. 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.
On November 6, 2026, the Company issued a press release regarding the ADS ratio change, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Incorporation by Reference
This Report on Form 6-K, including Exhibit 99.1 hereto, is incorporated by reference into the Company’s registration statements (i) on Form S-8 (Registration Numbers: 333-278480 and 333-296977) and (ii) on Form F-3 (Registration Number: 333-280853), each as filed with the U.S. Securities and Exchange Commission and shall be a part thereof from the date on which this Report on Form 6-K is furnished, to the extent not superseded by documents or reports subsequently filed or furnished.
Forward-Looking Statements
Certain statements made in this Form 6-K are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “plan,” “will,” “believe,” “anticipate,” “doubt,” “expect,” “intend,” and similar terms and phrases are used in this Form 6-K to identify forward-looking statements. Actual results may differ materially from the results anticipated by the Company’s forward-looking statements due to certain risks, uncertainties and other factors described under the heading “Risk Factors” in the Company’s filings with the Securities and Exchange Commission. Given these risks, uncertainties, and other factors, you should not place undue reliance on these forward-looking statements, and the Company assumes no obligation to update these forward-looking statements, even if new information becomes available in the future.
EXHIBIT INDEX
Exhibit No
Description
99.1
Press Release dated November 6, 2026




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.            
                                
Mynd.ai, Inc.
By:
/s/ Bin Shen
Name:
Bin Shen
Date: November 6, 2026
Title:
Chief Executive Officer & Interim Chief Financial Officer


Exhibit 99.1
Mynd.ai Announces Change to American Depositary Share Ratio
Alpharetta, GA., November 6, 2026 – Mynd.ai, Inc. (NYSE American: MYND) (“Mynd” or the “Company”), a global provider of interactive technology and AI solutions for education and commercial customers, today announced that it will change the ratio of its American Depositary Shares (“ADSs”) to its ordinary shares from one ADS representing ten (10) ordinary shares to a new ratio of one ADS representing seventy-five (75) ordinary shares. For the Company’s ADS holders, the change in the ADS ratio will have the same effect as a one-for-7.5 reverse ADS split.
The ADS ratio change is expected to become effective on or about December 7, 2027 (U.S. Eastern Time), subject to completion of the applicable procedures with the Company’s depositary, Citibank, N.A. (the “Depositary”), and other relevant parties. The ADSs will continue to trade on the NYSE American under the symbol “MYND,” with a new CUSIP number of 628988206.
Following the effectiveness of the change, each ADS will represent seventy-five (75) ordinary shares of the Company, compared with ten (10) ordinary shares previously. The ordinary shares of the Company will not be affected by the change in the ADS ratio, and no ordinary shares will be issued or cancelled in connection with it.
The exchange of every seven and one-half (7.5) then-held ADSs for one new ADS is expected to occur automatically on the effective date, with the then-held ADSs being cancelled and new ADSs issued by the Depositary. 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.
ADS holders are not required to take any action. ADSs held in brokerage accounts will be adjusted automatically, and holders of certificated ADSs will receive instructions from the Depositary. The Company will pay the Depositary’s fees and charges in connection with the surrender, cancellation, exchange, and issuance of ADSs effected as part of the ADS ratio change. ADS holders should consult their brokers, banks, or other financial intermediaries for information regarding the treatment of their holdings in connection with the ratio change.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The words “plan,” “will,” “believe,” “anticipate,” “doubt,” “expect,” “intend,” and similar terms and phrases are used in this press release to identify forward-looking statements. Actual results may differ materially from those expressed or implied by such statements due to risks, uncertainties, and other factors described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements except as required by law.
About Mynd.ai, Inc.
Mynd is a global leader in interactive technology offering best-in-class hardware and software solutions that help organizations create and deliver dynamic content; simplify and streamline teaching, learning, and communication; and facilitate real-time collaboration. Our award-winning interactive displays and software can be found in more than 1 million learning and training spaces in over 125 countries. Our global distribution network of more than 1,000 reseller partners and our dedicated sales and support teams around the world enable us to deliver the highest level of service to our customers. Learn more at www.mynd.ai.


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Contact Information
For investor and media inquiries, please contact:
Investor Relations - Mynd.ai, Inc.
E-mail: investorrelations@mynd.ai

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Filing Exhibits & Attachments

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