#China #NASDAQ #Changzhou #EZGO Technologies #Reverse Share Split

EZGO Technologies Announces 1-for-25 Reverse Share Split

EZGO Technologies Ltd., a notable player in short-distance transportation solutions based in China, has made significant news by announcing a reverse share split. This decision was ratified by the company's board on November 7, 2025, with the new structure taking effect on November 21, 2025. The move is part of the company's strategy to enhance its stock market presencees.

The reverse share split will convert every twenty-five pre-split ordinary shares into one new ordinary share. Consequently, the total number of outstanding shares will diminish from approximately 21.7 million to around 868,029. Furthermore, the par value per share will be adjusted from $0.04 to no par value. This initiative aims to elevate the market price of the company's ordinary shares—an essential step to ensure that EZGO retains its Nasdaq listing amidst the competitive landscape of public trading.

Aiming for Market Stability

The decision to implement the reverse split has several implications. By improving the share price, EZGO hopes to create a more stable investment environment. Historically, companies undertake reverse splits to strengthen their market position and attract a broader base of investors, an especially critical adjustment as they navigate the volatile stock market landscape.

Notably, no fractional shares will be issued as a result of this transaction. In instances where shareholders would otherwise end up with a fractional share due to the reverse split, they will be compensated by rounding up to the next whole share. This approach is likely to mitigate potential dissatisfaction among investors, ensuring a smoother transition through this adjustment phase.

Legal and Operational Aspects

Interestingly, the reverse share split does not require a vote from shareholders, a provision aligned with the laws governing the British Virgin Islands, where the company is incorporated. This means the management team can proceed without seeking shareholders' approval, expediting the implementation process.

The company’s transfer agent, VStock Transfer, LLC, will manage the exchange process concerning stock certificates, facilitating the transition toward the new share structure. Shareholders needing adjustments to their physical stock certificates are encouraged to contact the transfer agent for assistance.

About EZGO Technologies Ltd.

Founded with a vision to enhance short-distance transportation, EZGO leverages a platform centered on IoT products and services. It operates under two prominent e-bicycle brands, EZGO and Cenbird, specializing in a range of electric vehicles, including two and three-wheeled models. The company also provides essential accessories, comprising batteries, charging systems, and electronic controls. For detailed insights into their operations, the company’s investor relations are publicly available on their website, giving investors easy access to crucial financial details.

Market Outlook

As part of its forward-looking strategy, EZGO seeks to address the evolving demands in the short-distance transport sector, which has seen significant growth in China and beyond. While also factoring in potential risks inherent in the fluctuating economic landscape, the firm remains focused on capitalizing on emerging opportunities in the market.

This reverse share split is not only a tactical move for EZGO Technologies to maintain its market presence but also positions it strategically for future growth within the dynamic landscape of transport solutions.

Conclusion

In conclusion, the recent announcement by EZGO Technologies regarding the reverse share split marks a significant pivot towards optimizing its stock performance and investor relations. As the market continues to evolve, this move illustrates the company's proactive approach in navigating its future—ensuring stakeholders' interests remain prioritized within their operational strategies.