Envirotech Vehicles to effect 1-for-10 reverse stock split

Envirotech Vehicles (EVTV) has resolved to effect a reverse stock split of the Company’s common stock and has determined the ratio to be 1-for-10. The Company’s stockholders approved the reverse stock split and granted the Company board of directors the authority to determine the exact split ratio and when to proceed with the reverse stock split at the Company’s Special Meeting of Stockholders held on May 1, 2025. The reverse stock split will become effective on August 6, 2025 at 5:00 p.m., Eastern Time, and the Company’s common stock is expected to begin trading on a split-adjusted basis on the Nasdaq Capital Market as of the open of trading on August 8, 2025 under the existing ticker symbol “EVTV”. The new CUSIP number for the Company’s common stock will be 29414V 308.