---
title: "Amarin sets 1-for-20 ADS ratio change for April 11 to keep Nasdaq listing"
url: "https://aibio.space/news/amarin-sets-1-20-ads-ratio-change-april-11-keep-nasdaq-listing/"
publisher: "aibio.space (Biotech Investor Relations News)"
date: "2025-04-09"
section: "Listings"
tickers: "NASDAQ:AMRN"
source: "https://www.sec.gov/Archives/edgar/data/897448/000095017025052307/amrn-ex99_1.htm"
summary: "Each American Depositary Share will represent twenty ordinary shares instead of one. The company says the aim is to meet Nasdaq's $1.00 minimum bid price."
---

By the aibio.space news desk.

Sources

- [Amarin Corporation plc 8-K (2025-04-09)](https://www.sec.gov/Archives/edgar/data/897448/000095017025052307/amrn-ex99_1.htm)

[AMRN](https://aibio.space/companies/amarin/)

2025-04-09

# Amarin sets 1-for-20 ADS ratio change for April 11 to keep Nasdaq listing

Tickers [AMRN](https://aibio.space/companies/amarin/)

Each American Depositary Share will represent twenty ordinary shares instead of one. The company says the aim is to meet Nasdaq's $1.00 minimum bid price.

## Key facts

- **Company**: Amarin Corporation plc (NASDAQ: AMRN)

- **News type**: Listings

- **Primary source**: [Amarin Corporation plc 8-K (2025-04-09)](https://www.sec.gov/Archives/edgar/data/897448/000095017025052307/amrn-ex99_1.htm)

*The Capitol dome against a blue sky. Photo: Carol M Highsmith, CC0, via rawpixel. The picture shows the field, not the companies named.*

Amarin Corporation plc (NASDAQ: [AMRN](https://aibio.space/companies/amarin/)) said on April 9, 2025, that its previously announced change to the ratio of its American Depositary Shares (ADSs) will take effect on April 11, 2025. Each ADS will represent twenty ordinary shares, instead of one ordinary share.

The company says the goal is to raise the per-share price of its ADSs to meet Nasdaq's $1.00 minimum bid price requirement and keep its listing on The Nasdaq Capital Market. Amarin can give no assurance that the ADS price after the change will equal or exceed twenty times the price before it.

Holders of uncertificated ADSs in the Direct Registration System and at the Depository Trust Company do not need to act. The exchange of every twenty existing ADSs for one new ADS happens automatically. Holders of certificated ADSs must surrender them to the depositary bank for cancellation and will receive one new ADS for every twenty surrendered.

No fractional new ADSs will be issued. The depositary bank will aggregate fractional entitlements and sell them, then distribute the net cash proceeds after taxes to the holders. The ordinary shares are not affected, and the ADSs will keep trading on The Nasdaq Capital Market under the symbol "AMRN".

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## Companies in this story

AMRN

Amarin Corporation plc

NASDAQ · Ireland

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Source page: https://aibio.space/news/amarin-sets-1-20-ads-ratio-change-april-11-keep-nasdaq-listing/. Facts in aibio.space stories are checked against company filings and releases; opinion is labelled. Cite as: aibio.space, "Amarin sets 1-for-20 ADS ratio change for April 11 to keep Nasdaq listing", 2025-04-09, https://aibio.space/news/amarin-sets-1-20-ads-ratio-change-april-11-keep-nasdaq-listing/