Company Overview - Boqii Holding Limited is a leading pet-focused platform in China, operating as the top online destination for pet products and supplies [1] - The company offers a broad selection of high-quality products, including global leading brands, local emerging brands, and its own private labels (Yoken, Mocare, D-cat) at competitive prices [1] - Boqii operates through multiple online sales platforms, including Boqii Mall and flagship stores on third-party e-commerce platforms, providing customers with convenient access and personalized shopping experiences [1] - The company also maintains the Boqii Community, an interactive content platform for users to share knowledge and love for pets [1] ADS Ratio Change - Boqii announced a change in the ratio of its American Depositary Shares (ADSs) to Class A ordinary shares, from 1:15 to 1:150, effective on or about January 21, 2025 [4] - The ADS Ratio Change will have the same effect as a 1-for-10 reverse split on existing ADSs, requiring holders to surrender 10 old ADSs for 1 new ADS [5] - No fractional new ADSs will be issued, with the Depositary selling fractional entitlements and distributing net cash proceeds to applicable ADS holders [6] - The company's ADSs will continue trading on NYSE American under the ticker symbol "BQ", with the ADS price expected to increase proportionally, though no assurance is given regarding the post-change price [6] Investor Relations - For investor inquiries, Boqii provides contact information including a phone number (+86-21-6882-6051) and email address [3]
Boqii Announces ADS Ratio Change