VisionSys AI Reverse Split Causes 11.6% Fall

VisionSys AI announced a one‑for‑ten reverse ADS split, changing the ADS ratio from 250 to 2,500 Class A shares.
Shares fell 11.6% in after‑hours trading on May 21, 2026 following the split announcement, with the change effective May 26, 2026.
Fractional ADS entitlements will be aggregated, sold, and cash proceeds distributed after fees, taxes and expenses; no fractional ADSs will be issued.
The ADS will retain Nasdaq Capital Market listing under symbol VSA with CUSIP 876108408; price expected to rise proportionally but not guaranteed.