Elong Power Executes 16-for-1 Reverse Stock Split, Reducing Shares to 3.8 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2025
0mins
Source: PRnewswire
- Reverse Stock Split Decision: Elong Power received shareholder approval on November 24, 2025, to execute a 16-for-1 reverse stock split, effective December 26, 2026, aimed at boosting share price to meet Nasdaq's minimum listing requirements.
- Capital Adjustment: Following the reverse split, Elong Power's outstanding shares will decrease from approximately 61.3 million to about 3.8 million, which will help improve earnings per share metrics and enhance investor confidence.
- Authorized Shares Modification: The company also amended its Memorandum of Association to proportionately reduce the number of authorized shares and adjust the post-split par value to $0.00016 per share, aligning with the new capital structure.
- Compliance Enhancement: This reverse stock split is a critical measure for Elong Power to maintain its Nasdaq listing, adhering to the requirement of a minimum $1.00 per share, thereby aiming to strengthen its market competitiveness.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ELPW?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on ELPW
About ELPW
eLong Power Holding Ltd is a holding company principally engaged in the research and development, manufacturing, sales and service of high-power lithium-ion batteries. The Company’s product portfolio includes products utilizing lithium manganese oxide and lithium iron phosphate, among others, to meet the needs of high-power applications and energy storage applications in various scenarios. The Company’s products are used for electric vehicles and construction machinery, as well as large-capacity, long-cycle lithium-ion batteries for energy storage systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Elong Power Stock Soars 666% Amid Share Offering
- Share Offering Plan: Elong Power is offering 6,666,666 units, each consisting of one Class A ordinary share priced at $0.00016, attracting significant retail investor interest despite dilution concerns.
- Stock Price Surge: The company's stock skyrocketed by 666% in January 2023, contrasting sharply with a 92% decline in 2025, indicating strong market interest in its high-power battery technologies and investor optimism.
- Reverse Stock Split: In December, Elong Power announced a 16-for-1 reverse stock split, expected to reduce the total number of outstanding shares from 61.3 million to 3.8 million, aimed at increasing market value per share and improving shareholder structure.
- Retail Sentiment Surge: According to Stocktwits data, retail message volume for Elong Power surged by 12,900% over the past week, with user sentiment rising from 'bullish' to 'extremely bullish', reflecting strong expectations for the stock to potentially break the $30 mark.
Continue Reading
DarkIris Inc Reports 27.3% Revenue Growth, Shares Surge
- Significant Revenue Growth: DarkIris Inc reported a year-over-year revenue increase of 27.3% for FY25, reaching $10.08 million compared to $7.92 million in FY24, indicating strong market performance and growth potential.
- Stock Price Surge: Following the positive earnings report, DarkIris shares jumped 104.2% in pre-market trading to $0.68, reflecting investor optimism about the company's future prospects.
- Positive Market Reaction: The release of this earnings report has significantly increased market attention on DarkIris, enhancing investor confidence in its continued growth and potentially attracting more capital inflow.
- Optimistic Industry Outlook: The robust performance of DarkIris not only strengthens its market position but may also provide more opportunities for future financing and expansion plans, further solidifying its competitive edge in the industry.
Continue Reading