XIAO-I is trading 13.36% down at $2.01 after continued volatility following the one-for-seven reverse ADS split effective September 8, 2026.
- Seven existing ADSs converted into one new ADS; ordinary shares were unaffected.
- Nasdaq and company disclosures indicate the restructuring can influence liquidity and trading dynamics; no new September 16 company announcement was identified.
- Losses were 2.93% on September 15, 11.15% on September 14, and 13.23% on September 11, indicating sustained post-split pressure.