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Wednesday, June 18, 2025

Equity Corporate Actions Alert #2025 - 318
Information Regarding the ADS to Ordinary Share Conversion for Maase Inc. (MAAS)

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  • Industry Announcement

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Maase Inc. (MAAS) has announced the termination of its ADS program and its conversion to Class A Ordinary Shares. Immediately following the conversion, every ninety (90) outstanding Class A Ordinary Shares, par value: .0.001 held will be consolidated into a one (1) new Class A Ordinary Share, par value: .0.09. As a result, the ADS holders will be converted into one (1) new Ordinary Share, par value: .0.09 for every one (1) American Depositary Shares held. The details are as follows:

Company Name: Maase Inc.
Current Issue Type: American Depository Shares
New Issue Type: Class A Ordinary Shares, par value: .0002
Current CUSIP: 69373Y208
New CUSIP: G4453R115
Symbol: MAAS
Conversion Ratio:
 One (1) post-consolidation Maase Inc. Class A Ordinary share, par value: .0.09 for each Maase Inc. American Depositary Share held.
Effective Date: June 23, 2025

For information regarding this announcement, contact Nasdaq Corporate Data Operations at +1 877 308 0523.

If you would like to register as a market maker in MAAS, contact Nasdaq Trading Services at +1 212 231 5100.

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