Elong Power Holding Limited Announces the Change of Effective Date of its 1 for 80 Share Consolidations
Elong Power Holding Limited Announces the Change of Effective Date of its 1 for 80 Share Consolidations is drawing significant interest across the industry.
BEIJING, March 7, 2026 /PRNewswire/ -- Elong Power Holding Limited (Nasdaq: ELPW) (the 'Company'), a provider of high power battery technologies for commercial and specialty alternative energy vehicles and energy storage systems, announced a share consolidation of the Company's issued and outstanding Class A ordinary shares and Class B ordinary shares at a ratio of 1 for 80 shares (the 'Reverse Split') earlier today. The Company has announced a change of effective date of the Reverse Split. The Reverse Split will take effect at the open of The Nasdaq Stock Market ('Nasdaq') on March 12, 2026.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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