XIAO-I is trading at $2.85, up 5.95%, after continued volatility following its one-for-seven reverse ADS split, effective September 8, 2026.
- The transaction changed the ADS ratio from one ADS representing 60 ordinary shares to 420, consolidating every seven ADSs into one.
- Shares fell 13.23% during the September 11 regular session before rebounding after hours.
- Nasdaq confirmed the split announcement and effective date.