AMTD IDEA Group Announces ADS Ratio Change to Regain NYSE Compliance

Key Facts

1AMTD IDEA Group announced a change in its ADS ratio from 1:6 to 1:360 Class A ordinary shares.

2The move aims to regain compliance with NYSE minimum price requirements after the average closing price fell below $1.00.

AMTD IDEA Group announced a change in its American depositary share (ADS) ratio from one ADS representing six Class A ordinary shares to one ADS representing 360 Class A ordinary shares. The company said in a statement via PR Newswire that the move aims to regain compliance with New York Stock Exchange (NYSE) minimum price requirements after its average closing price fell below $1.00.

AMTD closed at $0.7719 on October 5, 2026, remaining below the mandatory threshold for continued listing. The company originally received a deficiency notice from the NYSE on July 8, 2026, and expects the ratio change, which functions as a 1-for-60 reverse split, to take effect on October 19, 2026, to increase the per-share price of its ADSs.