Oatly Group AB's SEC Form 6-K: New ADR to Ordinary Shares Ratio Unveiled!

$OTLY
Form 6-K
Filed on: 2025-02-18
Source
Oatly Group AB's SEC Form 6-K: New ADR to Ordinary Shares Ratio Unveiled!

Here are the key insights and important information extracted from the provided section of the financial report:

  1. Document Type and Filing:
  • The document is a Form 6-K filed with the SEC, indicating it is a report of a foreign private issuer.
  1. Company Information:
  • Company Name: Oatly Group AB
  • Principal Executive Office Address: Ångfärjekajen 8, 211 19 Malmö, Sweden.
  1. Commission File Number:
  • The report references Commission File Number 001-40401.
  1. Effective Date of Change:
  • The report announces a change in the American Depository Receipts (ADRs) to ordinary shares ratio, effective February 18, 2025.
  1. New ADR Ratio:
  • The new ratio is that one ADR will now represent twenty ordinary shares.
  1. Registration Statement Update:
  • The information in the report is incorporated by reference into the company's registration statements on Form S-8 and Form F-3, which are amended to reflect the new ADR ratio.
  1. Proportional Adjustments:
  • Pursuant to Rule 416(b) under the Securities Act, the amount of undistributed ADRs registered will be proportionately adjusted due to this change.
  1. Signatory:
  • The report is signed by Marie-José David, who is the Chief Financial Officer of Oatly Group AB.
  1. Date of Signing:
  • The report was signed on February 18, 2025.

Summary:

Oatly Group AB has implemented a change in the ratio of its ADRs to ordinary shares, where one ADR will now represent twenty ordinary shares, effective February 18, 2025. This change is formally incorporated into existing registration statements, and adjustments will be made accordingly. The CFO has officially signed the report on the same effective date.