Nano labs announced updates to holders of adrs regarding amendment to the deposit agreement and termination of adr facility

Hangzhou, china , jan. 3, 2024 /prnewswire/ -- nano labs ltd (nasdaq: na) ("we," "the company," or "nano labs"), a leading fabless integrated circuit design company and product solution provider in china, announced today that citibank n.a., the depositary (the "depositary") of the company's american depositary receipts (the "adrs"), distributed to all holders and beneficial owners of the company's adrs a notification (the "amendment and termination notice") on december 29, 2023 regarding the amendment to the deposit agreement, dated december 19, 2023, as amended, by and among the company, the depositary, and all holders and beneficial owners of the adrs (the "deposit agreement"), and the termination of adr facility for the company's american depositary shares (the "adss").
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