Four seasons education announces change to american depositary share ratio

Shanghai , june 10, 2022 /prnewswire/ -- four seasons education (cayman) inc. ("four seasons education" or the "company") (nyse: fedu), today announced that it will change the ratio of its american depositary shares ("adss") representing its ordinary shares from two (2) adss representing one (1) ordinary share to one (1) ads representing ten (10) ordinary shares. for four seasons education's ads holders, the change in the ads ratio will have the same effect as a one-for-twenty reverse ads split.
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