EZGO Technologies Announces Warrant Exchange Agreement to Optimize Capital Structure

EZGO Technologies ( (EZGO) ) has shared an update.

On August 27, 2025, EZGO Technologies Ltd. announced a warrant exchange agreement with holders of 5,389,126 existing warrants, which were initially issued in September 2023. The agreement involves retiring these warrants in exchange for 1,246,000 ordinary shares and 10,879,534 pre-funded warrants. This move is expected to streamline the company’s capital structure and potentially enhance shareholder value by reducing the number of outstanding warrants. The pre-funded warrants, exercisable at $0.04 per share, are designed to prevent any holder from owning more than 4.99% or 9.99% of the company’s share capital, depending on their election, thus maintaining a balanced ownership structure.

The most recent analyst rating on (EZGO) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on EZGO Technologies stock, see the EZGO Stock Forecast page.

Spark’s Take on EZGO Stock

According to Spark, TipRanks’ AI Analyst, EZGO is a Neutral.

EZGO Technologies’ overall stock score is primarily impacted by its financial performance, which is challenged by consistent losses and negative cash flows. Technical analysis indicates a neutral trend with weak bullish momentum. The valuation is unattractive due to a negative P/E ratio and no dividend yield.

To see Spark’s full report on EZGO stock, click here.

More about EZGO Technologies

EZGO Technologies Ltd. operates in the technology sector, focusing on the development and sale of electric vehicles and related technologies. The company is based in Changzhou City, Jiangsu, China, and is involved in the production of electric bicycles, tricycles, and other electric vehicles, catering to both domestic and international markets.

Average Trading Volume: 900,589

Technical Sentiment Signal: Sell

Current Market Cap: $2M

For an in-depth examination of EZGO stock, go to TipRanks’ Overview page.