EZGO Announces 1-for-3 Reverse Share Split Effective November 5, 2026

What happened

EZGO Technologies approved a one-for-three reverse share split, combining every three ordinary shares into one. Trading on a post-split basis begins November 5, 2026, and the total issued and outstanding ordinary shares will fall from 5,305,950 to approximately 1,768,650.

Confirmed

Global impact / market context

A reverse split raises the price of each share while leaving the company's overall value unchanged. EZGO is doing this to keep its share price above Nasdaq's minimum listing requirement, so failing to hold the higher price could put its listing at risk.

Analyst inference

Reverse splits are common among small, low-priced Nasdaq companies trying to stay listed. The move shrinks the share count and lifts the quoted price, but it does not fix the underlying business, so investors often treat such announcements as a sign of listing pressure.

Analyst inference

What to watch

1. Watch whether EZGO's ordinary shares begin trading on a post-split basis on November 5, 2026, under the new CUSIP number G5279F128 and the same EZGO symbol. Confirmed
2. Watch whether the post-split share price stays above Nasdaq's minimum bid requirement, since failing to hold that level could restart delisting pressure and hurt investors. Analyst inference
3. Watch for any update on fractional share handling and the exact post-split share count, because rounding could slightly change the reported total of approximately 1,768,650 shares. Analyst inference

Evidence

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