Advanced Health Intelligence Shares Up 48% After ADS-Ratio Change

News Room

By Ada Hui

Shares of Advanced Health Intelligence rose 48%, to $5.70, on Monday after the healthcare-data-intelligence company changed its ratio of American Depositary Shares to non-traded ordinary shares on Friday.

Each ADS will now represent 28 ordinary shares and the ratio change will have the same effect as a reverse split of the existing…

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