EZGO Sets 1-for-3 Reverse Split for Nov. 5 Nasdaq Trading
Photo: TokenPost
EZGO Technologies Ltd. plans a 1-for-3 reverse split of its ordinary shares, with split-adjusted trading set to start Nov. 5. The company expects its issued and outstanding share count to fall to about 1.77 million as it seeks to maintain Nasdaq listing compliance. EZGO announced the plan at 8:30 a.m. ET Nov. 3. Its board approved the split Aug. 6. Under the change, every three existing ordinary shares will be combined into one, reducing the count from 5,305,950 to approximately 1,768,650. The shares will continue trading under the EZGO ticker on the Nasdaq Capital Market and will use CUSIP G5279F128.
Source: TokenPost
