Gravitas Education Holdings, Inc. Announces ADS Ratio Change

BEIJING, Oct. 20, 2023 /PRNewswire/ -- Gravitas Education Holdings, Inc. (NYSE: GEHI) ("GEHI" or the "Company"), a leading early childhood education service provider in China, today announced that it plans to change the ratio of its American Depositary Shares ("ADS(s)") to its Class A ordinary shares ("Share(s)") from one (1) ADS representing twenty (20) Shares to one (1) ADS representing ten (10) Shares (the "ADS Ratio Change"). The Company anticipates that the ADS Ratio Change will be effective on or about October 31, 2023 (the "Effective Date").

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