$橡果国际(ATV)$ 这是缩股了... SHANGHAI, Nov. 19, 2015 /PRNewswire/ -- Acorn International, Inc. (ATV) ("Acorn" or the "Company"), a marketing and branding company in China engaged in developing, promoting and selling products through extensive direct and distribution networks, today announced that it will change the ratio of its American depositary shares ("ADSs") to ordinary shares, par value $0.01 per share ("Shares") from 1:3 to 1:20 (the "Ratio Change"). The effective date of the Ratio Change is expected to be on November 30, 2015.
Pursuant to the Ratio Change, the record holders of the Company's ADS as of the effective date will be entitled to receive three (3) new ADS, each representing twenty (20) Shares, in exchange for every twenty (20) ADSs surrendered by them (or, stated another way, 0.15 new ADSs for each ADSs surrendered by them).