Expion360 announces 1-for-100 reverse stock split

Expion360 announced that its Board of Directors authorized the stockholders approved 1-for-100 reverse stock splitof its common stock, par value $0.001 per share. The Reverse Stock Split will become effective at 5:00 p.m. Pacific Time on October 8, 2024. The Common Stock will continue to trade on The Nasdaq Capital Market under the symbol “XPON” and will begin trading on a post-split basis when the market opens on October 9, 2024. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 30218B 209. The Reverse Stock Split is intended to enable the Company to regain compliance with the minimum bid price requirement for continued listing on Nasdaq.