Token Cat Limited Announces Announces Planned ADS Ratio Change

BEIJING, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Token Cat Limited ("Token Cat" or the "Company") (NASDAQ: TC), a leading automotive marketplace in China, today announced that it plans to change the ratio of its American depositary shares ("ADSs") from one (1) ADS representing two hundred and forty (240) Class A ordinary shares to one (1) ADS representing four thousand eight hundred (4800) Class A ordinary shares (the “ADS Ratio Change”). The Company anticipates that the ADS Ratio Change will be effective on or about August 29, 2025 (the “Effective Date”).

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