🔴 XIAO-I is trading 5.33% down in pre-market ahead of September 8 one-for-seven reverse ADS split

XIAO-I is trading at $0.46 (-5.33%), with the announced one-for-seven reverse ADS split the clearest current overhang.

• Effective September 8, 2026, the action changes the ADS ratio from 1:60 to 1:420.
• The decline appears company-specific despite stronger pre-market software sentiment and modestly positive Nasdaq futures.
• No new earnings release or major September 4 announcement was identified; upcoming corporate-action uncertainty likely drives the move.