Token Cat Limited American Depositary Shares (TC)

Token Cat Limited plans to change its American Depositary Shares (ADSs) ratio from 1 ADS representing 240 Class A ordinary shares to 1 ADS representing 4,800 Class A ordinary shares, effectively executing a one-for-twenty reverse ADS split on August 29, 2025.

Intuitive Surgical reported better-than-expected Q2 results, causing its shares to rise 6.7% in premarket trading. Several other stocks also saw significant premarket movements, both positive and negative.

On Feb. 15, institutional investment managers with over $100m AUM disclosed their 2021-end positions. Check my list of some of the best-performing hedge funds.