An American depositary receipt (ADR) is a receipt representing ordinary or common shares of a non-US company. ADRs are priced in US dollars and traded on US exchanges, allowing investors to buy and sell shares of non-US companies in exactly the same way as they purchase or sell shares of US companies.
Nanostart’s ADRs, are dollar-denominated securities backed by the shares trading in Germany. The ratio between the ADR and the underlying ordinary shares is 1:10, meaning that ten Nanostart ADRs are equivalent of one Nanostart AG ordinary share.
In the United States, Nanostart ADRs will be traded on the OTCQX market. The ADRs are not offered in Germany.
General information
| Trading platform | OTCQX International |
| Ratio (ADR/common shares) | 10:1 |
| Structure | Sponsored level 1 ADR program |
| Symbol | NASRY |
| CUSIP | 63009T105 |
About BNY Mellon Mellon
BNY Mellon Corporation is a leading global financial services company. The company employs more than 40,000 people worldwide and has over 1 trillion US-Dollars in assets under custody and administration. BNY Mellon is the world’s leading depository bank. For further information on BNY Mellon, please click here >>
Contact
BNY Mellon
BNY Mellon Shareowner Services
P.O. Box 358010
Pittsburgh, PA 15252-8010
e-mail:
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phone: +1 (0)888 269 2377 (from the U.S. & Canada)
phone: +1 (0)201 329 8660 (from outside the U.S. & Canada)
About OTCQX
The OTCQX marketplace is the premier tier of the U.S. OTC market. Investor-focused companies use the quality-controlled OTCQX platform to offer investors transparent trading, superior information, and easy access through their regulated U.S. broker-dealers. The innovative OTCQX platform offers companies and their shareholders a level of marketplace services formerly available only on a U.S. stock exchange. For more information and to view a full list of OTCQX companies, visit www.otcqx.com.
Hudson Securities, Inc. will serve as Nanostart’s Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX requirements. For further information about Hudson, please visit www.hudsonsecurities.com.
