EZGO

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.

PepGen Inc Stock Surge: Shares of PepGen Inc rose 112.4% to $5.65 in pre-market trading following the announcement of an underwritten public offering of common stock and pre-funded warrants.

Other Notable Gainers: OFA Group and WORK Medical Technology Group saw significant increases of 49.6% and 50.4%, respectively, while Lithium Americas Corp gained 36.8% amid news of potential equity stake negotiations.

Significant Losers: SeaStar Medical Holding Corporation experienced a 43.3% drop after a trial recommendation, while Cemtrex, Inc. and Lunai Bioworks Inc. fell 27.7% and 25.3% respectively due to reverse stock splits.

Market Overview: The pre-market trading session showed a mix of gains and losses, with several companies experiencing sharp fluctuations in their stock prices following recent announcements and market activities.