EZGO Technologies Announces Reverse Stock Split
Company Announcements

EZGO Technologies Announces Reverse Stock Split

Ezgo Technologies Ltd. (EZGO) has released an update.

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.

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