Elong Power Stock Soars 666% Amid Share Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: stocktwits
- 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.
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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.
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Elong Power Executes 16-for-1 Reverse Stock Split, Reducing Shares to 3.8 Million
- Reverse Stock Split Decision: Elong Power received shareholder approval on November 24, 2025, for a 16-for-1 reverse stock split, set to take effect on December 26, 2026, aimed at increasing share price to meet Nasdaq's minimum bid requirements.
- Capital Adjustment: This split will reduce the company's outstanding shares from approximately 61.3 million to about 3.8 million, with a new par value of $0.00016 per share, intended to enhance market appeal for the company's stock.
- Compliance Enhancement: The reverse stock split is a strategic move by Elong Power to comply with Nasdaq's requirement of maintaining a minimum share price of $1.00, ensuring the company's continued presence in the capital market.
- Warrant and Option Adjustments: All outstanding warrants and options will be adjusted proportionately in accordance with the reverse stock split, ensuring shareholder rights are preserved and further boosting investor confidence.
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