Lion Announces Plan to Implement ADS Ratio Change

January 19, 2024

https://www.prnewswire.com/news-releases/lion-announces-plan-to-implement-ads-ratio-change-301869233.html

HONG KONG, July 3, 2023 /PRNewswire/ — Lion Group Holding Ltd. (“Lion” or “the Company”) (NASDAQ: LGHL), operator of an all-in-one trading platform that offers a wide spectrum of products and services, today announced that it plans to change the ratio of its American Depositary Shares (“ADSs”) to its Class A ordinary shares (the “ADS Ratio”), par value US$0.0001 per share, from the current ADS Ratio of one (1) ADS to one (1) Class A ordinary share, to a new ADS Ratio of one (1) ADS to fifty (50) Class A ordinary shares (the “ADS Ratio Change”). The Company anticipates that the ADS Ratio Change will be effective on or about July 13, 2023 (the “Effective Date”).

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