Ezgo Technologies Ltd. (EZGO) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
EZGO Technologies Ltd., a leading provider of short-distance transportation solutions, has announced a 1-for-40 reverse stock split to be effective on April 12, 2024. This strategic move aims to consolidate shares and increase the per-share market price to comply with Nasdaq listing requirements. Shareholders will have their shares automatically converted, with adjustments for fractional shares, and no shareholder voting was necessary for this action.
For further insights into EZGO stock, check out TipRanks’ Stock Analysis page.