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Puxin Limited Announces Change to American Depositary Share Ratio and Reports Receipt of NYSE Non-Compliance Notice Regarding Continued Listing Standards


BEIJING, Jan. 22, 2022 /PRNewswire/ Puxin Limited (NYSE: NEW) ("Puxin" or the "Company"), today announced that it will change the ratio of its American depositary shares ("ADSs") representing its ordinary shares from one (1) ADS representing two (2) ordinary shares to one (1) ADS representing twenty (20) ordinary shares. For Puxin's ADS holders, the change in the ADS. ....

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