STOCK TITAN

POMDOCTOR (NASDAQ: POM) to implement one-for-18 reverse ADS split

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

POMDOCTOR LIMITED plans a major change to its American Depositary Share structure. Each ADS will shift from representing one-sixth of a Class A ordinary share to representing three Class A ordinary shares, effectively a one-for-eighteen reverse ADS split for ADS holders.

The company expects the ADS ratio change to take effect on or about June 22, 2026, after a post-effective amendment to its Form F-6 becomes effective. Existing ADSs held through DRS and DTC will be automatically exchanged, with eighteen current ADSs consolidated into one new ADS.

Fractional new ADS entitlements will be aggregated and sold by Citibank, N.A., the depositary bank, with net cash proceeds distributed to ADS holders. The company states that the change will not affect the underlying Class A ordinary shares, which will not be issued or cancelled, and the ADSs will continue trading on Nasdaq under the ticker “POM.”

Positive

  • None.

Negative

  • None.

Insights

POMDOCTOR is consolidating its ADSs via a one-for-eighteen reverse ADS split.

POMDOCTOR LIMITED is changing its ADS ratio so that one ADS will represent three Class A ordinary shares instead of one-sixth of a share. For ADS investors, this functions as a one-for-eighteen reverse ADS split, reducing the number of ADSs while increasing the price per ADS mechanically.

The company notes that no Class A ordinary shares will be issued or cancelled, so the underlying equity structure in its home market remains unchanged. Citibank, N.A., as depositary, will automatically exchange eighteen existing ADSs for one new ADS and sell fractional entitlements, distributing net cash proceeds to holders.

The company states that the ADS trading price is expected to increase proportionately once the change is effective on or about June 22, 2026, although it gives no assurance on the exact post-change price. The move leaves the Nasdaq listing, ticker “POM,” and core business operations intact, focusing the impact on trading denomination rather than fundamentals.

Current ADS ratio 1 ADS = 1/6 Class A share Existing ADS structure before change
New ADS ratio 1 ADS = 3 Class A shares Post-change ADS structure
Reverse ADS split effect 1-for-18 ADS consolidation For ADS holders after ratio change
Expected effective date June 22, 2026 ADS ratio change timing, U.S. Eastern Time
American Depositary Shares financial
"plans to change the ratio of its American Depositary Shares (“ADSs”) to its Class A ordinary shares"
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.
ADS Ratio Change financial
"the ADS Ratio Change, from the current ratio of one (1) ADS representing one-sixth (1/6)"
An ads ratio change is an adjustment to how many American Depositary Shares (ADS) represent one unit of a foreign company’s ordinary shares — like changing whether a cake is cut into 2 or 10 slices. Investors care because it alters the number of tradable ADS, the implied price per ADS and an investor’s ownership stake, which can affect liquidity, perceived value and comparisons of holdings across markets.
reverse ADS split financial
"will have the same effect as a one-for-eighteen 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.
Direct Registration System financial
"holders of ADSs in the Direct Registration System (“DRS”) and in The Depository Trust Company"
A direct registration system allows investors to register their ownership of securities directly with the issuing company or its transfer agent, rather than holding shares through a broker or intermediary. This setup gives investors more control over their holdings and simplifies the process of buying or selling shares. It is important because it can reduce costs, increase transparency, and provide a clearer record of ownership.
deposit agreement financial
"agreed to amend the deposit agreement, dated as of October 9, 2025, in order to reflect the ADS Ratio Change"
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.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

 

 

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 May 2026

 

Commission file number: 001-42749

 

 

 

POMDOCTOR LIMITED

 

 

 

Yongxu Industrial Park

No.19-23 Hejing Road, Dongsha Street

Liwan District, Guangzhou 510000

People’s Republic of China

(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 ☐

 

 

 

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release—POMDOCTOR LIMITED Announces Plan to Implement ADS Ratio Change

 

1

 

 

SIGNATURE

 

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.

 

  POMDOCTOR LIMITED
   
  /s/ Zhenyang Shi
  Zhenyang Shi
  Chairman and Chief Executive Officer

 

Date: May 28, 2026

 

2

 

Exhibit 99.1

 

POMDOCTOR LIMITED Announces Plan to Implement ADS Ratio Change

 

GUANGZHOU, China, May 28, 2026 /PRNewswire/ - POMDOCTOR LIMITED (the “Company”) (NASDAQ: POM), a leading online medical services platform for chronic diseases in China, today announced that it plans to change the ratio of its American Depositary Shares (“ADSs”) to its Class A ordinary shares (the “ADS Ratio Change”), from the current ratio of one (1) ADS representing one-sixth (1/6) Class A ordinary share to a new ratio of one (1) ADS representing three (3) Class A ordinary shares.

 

For the Company’s ADS holders, the ADS Ratio Change will have the same effect as a one-for-eighteen reverse ADS split. A post-effective amendment to the ADS Registration Statement on Form F-6 will be filed with the U.S. Securities and Exchange Commission to reflect the ADS Ratio Change. The Company anticipates that the ADS Ratio Change will be effective on or about June 22, 2026, U.S. Eastern Time (the “Effective Date”), subject to the effectiveness of the post-effective amendment to the ADS Registration Statement on Form F-6 on or before that date.

 

On the Effective Date, holders of ADSs in the Direct Registration System (“DRS”) and in The Depository Trust Company (“DTC”) will have their ADSs automatically exchanged and need not take any action. The exchange of every eighteen (18) then-held (existing) ADSs for one (1) new ADS will occur automatically, on the Effective Date, with the then-held ADSs being cancelled and new ADSs being issued by the depositary bank. Citibank, N.A., as the depositary bank for the Company’s ADS program, will arrange for the exchange. The Company’s ADSs will continue to be traded on the Nasdaq Stock Market under the ticker symbol “POM.”

 

No fractional new ADSs will 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 bank and the net cash proceeds from the sale of the fractional ADS entitlements (after deduction of fees, taxes and expenses) will be distributed to the applicable ADS holders by the depositary bank. The ADS Ratio Change will have no impact on the Company’s underlying Class A ordinary shares, and no Class A ordinary shares will be issued or cancelled in connection with the ADS Ratio Change.

 

As a result of the ADS Ratio Change, the trading price of the Company’s ADSs is expected to increase proportionately upon the effectiveness of the ADS Ratio Change, although the Company can give no assurance that the ADS trading price after the ADS Ratio Change will be equal to or greater than eighteen times the ADS trading price before the change.

 

The depositary bank and the Company have also agreed to amend the deposit agreement, dated as of October 9, 2025, in order to reflect the ADS Ratio Change.

 

About POMDOCTOR LIMITED

 

POMDOCTOR LIMITED is a leading online medical services platform for chronic diseases in China, ranking sixth on China’s Internet hospital market based on the number of contracted doctors in 2022, according to Frost & Sullivan. Focusing on chronic disease management and pharmaceutical services, the Company offers a one-stop platform for medical services, organically connecting patients with doctors and pharmaceutical products. The Company’s operations primarily include Internet hospital and pharmaceutical supply chain, connecting users, pharmacies, suppliers, medical professionals, and other healthcare participants. Through this model, POMDOCTOR aims to enhance the efficiency and transparency of the healthcare value chain. The Company’s mission is to provide effective prevention and treatment solutions to alleviate patients’ sufferings from illnesses. Its vision is to become the most trustworthy medical and healthcare services platform. For more information, please visit the Company’s website: http://ir.7shiliu.com.

 

Forward-Looking Statements

 

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC.

 

For more information, please contact:

 

POMDOCTOR LIMITED

Investor Relations Department

Email: ir@7lk.com

 

Ascent Investor Relations LLC

Tina Xiao

Phone: +1-646-932-7242

Email: investors@ascent-ir.com

 

FAQ

What ADS ratio change did POMDOCTOR (POM) announce on its 6-K?

POMDOCTOR plans to change each ADS from representing one-sixth of a Class A ordinary share to representing three Class A ordinary shares. For ADS holders, this works like a one-for-eighteen reverse ADS split, consolidating existing ADSs into fewer, higher-priced ADSs.

When will POMDOCTOR’s new ADS ratio become effective?

The ADS ratio change is expected to become effective on or about June 22, 2026, U.S. Eastern Time. Effectiveness depends on a post-effective amendment to the ADS Registration Statement on Form F-6 becoming effective on or before that date, as described in the announcement.

How will POMDOCTOR’s ADS reverse split affect existing POM ADS holders?

On the effective date, every eighteen existing ADSs will automatically be exchanged for one new ADS. Holders using DRS or DTC do not need to act. Fractional new ADS entitlements will be aggregated and sold, with net cash proceeds remitted to the respective ADS holders.

Will POMDOCTOR’s ADS ratio change affect its Class A ordinary shares?

The company states the ADS ratio change will not impact the underlying Class A ordinary shares. No Class A ordinary shares will be issued or cancelled as part of this action. The change only alters how many shares each ADS represents for U.S.-traded securities.

Will POMDOCTOR (POM) remain listed on Nasdaq after the ADS ratio change?

Yes. POMDOCTOR indicates its ADSs will continue trading on the Nasdaq Stock Market under the ticker symbol “POM.” The change affects the ADS ratio and effective ADS count, not the listing venue or symbol used for trading on Nasdaq.

What happens to fractional ADS entitlements in POMDOCTOR’s ADS ratio change?

No fractional new ADSs will be issued. Instead, Citibank, N.A., as depositary bank, will aggregate fractional entitlements, sell the resulting ADSs, and distribute the net cash proceeds, after fees, taxes, and expenses, to the affected ADS holders as described in the filing.

Filing Exhibits & Attachments

1 document