EZGO Announces 1-for-25 Reverse Share Split Effective November 21, 2025
Reverse Share Split Announcement: EZGO Technologies Ltd. announced a reverse split of its ordinary shares on a one-for-twenty-five basis, effective November 21, 2025, to increase the market price per share and maintain its Nasdaq listing.
Impact on Shares: The reverse split will reduce the number of issued and outstanding shares from approximately 21.7 million to about 868,029, with no fractional shares issued; entitlements to fractional shares will be rounded up to the nearest whole share.
Change in Par Value: The par value of the ordinary shares will change from $0.04 per share to no par value as part of the reverse split process.
Company Overview: EZGO Technologies focuses on short-distance transportation solutions, including the design and manufacturing of electric vehicles and related accessories, leveraging an IoT product and service platform.
Trade with 70% Backtested Accuracy
Analyst Views on EZGO
About EZGO
About the author
Penguin Solutions Reports Q1 Earnings of $0.49, Shares Up 5.3%
- Earnings Beat: Penguin Solutions reported Q1 earnings of $0.49 per share, surpassing analyst expectations of $0.44, indicating robust profitability that may attract more investor interest.
- Sales Growth: The company achieved quarterly sales of $343.071 million, exceeding the analyst consensus of $338.758 million, reflecting strong market demand and potential for sustained growth.
- Stock Price Surge: Following the earnings report, Penguin Solutions' shares rose 5.3% to $22.70 in pre-market trading, demonstrating a positive market reaction to its financial performance.
- Increased Market Confidence: The positive results not only bolster investor confidence but may also enhance the company's prospects for better terms in future financing and expansion plans.
EZGO Technologies Registers $200M Mixed Securities Shelf Offering
Registration Statement Filed: EZGO Technologies has submitted a registration statement with the SEC to utilize a “shelf registration” process for offering up to $200 million in mixed securities.
Types of Securities Offered: The company plans to issue a combination of ordinary shares, debt securities, warrants, rights, or units in one or more offerings.
Reverse Share Split Announcement: EZGO has announced a 1-for-25 reverse share split as part of its financial strategy.
Financial Ratings and Information: Additional financial information and a Quant Rating for EZGO Technologies are available through Seeking Alpha.
