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Stock impact report

Elong Power Holding Limited Announces Effective Date of Reverse Stock Split [Yahoo! Finance]

Elong Power Holding Limited - Class A Ordinary Shares (ELPW) 
Company Research Source: Yahoo! Finance
technologies for commercial and specialty alternative energy vehicles and energy storage systems, today announced that it has resolved to effect a reverse stock split of the Company's ordinary shares, with the split ratio set at 16-for-1. The reverse stock split was approved by the Company's shareholders at a special meeting held on November 24, 2025. Elong Power's Class A ordinary shares will begin trading on an adjusted basis, reflecting the reverse stock split, on December 26, 2026, under the existing ticker symbol "ELPW." The new CUSIP number for the Company's Class A ordinary shares will be G3016G111. Upon the effectiveness of the reverse stock split, every sixteen shares of the Company's issued and outstanding Class A ordinary shares as of the effective date will automatically be combined into one Class A ordinary share. This adjustment will reduce the total number of outstanding ordinary shares of Elong Power from approximately 61.3 million to approximately 3.8 million. In Show less Read more
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