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.
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