eLong Power Holding Announces 16-for-1 Reverse Stock Split

Reuters2025-12-23

eLong Power Holding Announces 16-for-1 Reverse Stock Split

eLong Power Holding Ltd. has announced a 16-for-1 reverse stock split of its Class A ordinary shares, reducing the number of outstanding shares from approximately 61.3 million to 3.8 million. The split will take effect on December 26, 2026, with shares continuing to trade under the ticker symbol "ELPW." The move is intended to help the company comply with Nasdaq’s minimum bid price requirement. Outstanding warrants and options will be adjusted proportionally, and fractional shares will be rounded up to the nearest whole share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. eLong Power Holding Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN51622) on December 23, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The split will take effect on December 26, 2026, with shares continuing to trade under the ticker symbol \"ELPW.\" The move is intended to help the company comply with Nasdaq’s minimum bid price requirement. Outstanding warrants and options will be adjusted proportionally, and fractional shares will be rounded up to the nearest whole share.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. eLong Power Holding Ltd. published the original content used to generate this news brief via PR Newswire (Ref. 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