EZGO Technologies Enacts 1-for-25 Reverse Stock Split

Reuters12-13
EZGO Technologies Enacts 1-for-25 Reverse Stock Split

EZGO Technologies Ltd. has completed a reverse share split of its ordinary shares at a ratio of 1-for-25, combining every twenty-five issued shares into one. This move enabled the company's shares to maintain a closing bid price above $1.00 for 13 consecutive business days, allowing EZGO to regain compliance with Nasdaq's minimum bid price requirement.

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