NIP Group Inc. American Depositary Shares

NIP Group Inc. (NASDAQ: NIPG) announced that its American Depositary Share (ADS) ratio change will become effective on July 6, 2026. The ratio will change from 1 ADS representing 2 Class A ordinary shares to 1 ADS representing 60 Class A ordinary shares, resulting in a one-for-thirty reverse ADS split for ADS holders. The company's ADSs will resu...

NIP Group Inc. (NASDAQ: NIPG) announced plans to change its American Depositary Shares (ADS) ratio from 1 ADS representing 2 Class A ordinary shares to 1 ADS representing 60 Class A ordinary shares, effective on or about July 6, 2026. This change will have the same effect as a one-for-thirty reverse ADS split. The company's ADSs will continue tra...

NIP Group Inc. (NASDAQ: NIPG) received a deficiency letter from Nasdaq on March 24, 2026, indicating that its American depositary shares have closed below the minimum $1.00 bid price requirement for 32 consecutive business days. The company has until September 21, 2026 to regain compliance, with no immediate effect on trading. If the closing bid ...

NIP Group completed the acquisition of crypto mining machines with a 3.11 EH/s hash rate from Apex Cyber Capital Limited and Prosperity Oak Holdings Limited, issuing 119,553,439 Class A ordinary shares as consideration and establishing a new digital computing division.

NIP Group has entered into an agreement to acquire crypto mining machines with a 3.11 EH/s hash rate, expecting to generate approximately 60 Bitcoins monthly. The company is establishing a Digital Computing Division to manage these assets and explore future high-performance computing and AI opportunities.