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EZGO Technologies Granted Additional Time by Nasdaq to Regain Compliance

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EZGO Technologies Granted Additional Time by Nasdaq to Regain Compliance

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

EZGO Technologies Ltd. announced that it has been granted an additional 180 days by Nasdaq, until December 29, 2025, to comply with the minimum bid price requirement of $1 per share. This extension follows a previous notification from Nasdaq in December 2024, regarding the company’s failure to meet the minimum bid price for 30 consecutive business days. The company is actively exploring options to regain compliance and intends to meet the Nasdaq listing requirements within the stipulated timeframe.

Spark’s Take on EZGO Stock

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

EZGO Technologies’ overall stock score is weighed down by its financial performance and valuation. Financial challenges with consistent net losses and negative cash flows are the most significant factors affecting the score. Technical analysis shows some neutral momentum, but the negative valuation due to a lack of profitability is a major concern.

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 provision of electric vehicles and related services. The company is based in Changzhou City, Jiangsu, China, and aims to cater to the growing demand for sustainable transportation solutions.

Average Trading Volume: 688,715

Technical Sentiment Signal: Sell

Current Market Cap: $1.84M

See more data about EZGO stock on TipRanks’ Stock Analysis page.

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