EZGO · EZGO Technologies Ltd.

EZGO Technologies Ltd., a China-based short-distance transportation solutions provider, implemented a 1-for-150 reverse share split to address Nasdaq Capital Market continued listing requirements by elevating the per-share market price. Approved by the board on May 6, 2026, the split automatically consolidates every 150 ordinary shares into one, slashing the issued and outstanding count from 345,884,745 to about 2,305,899 without shareholder action, as permitted under British Virgin Islands law. Trading on the adjusted basis commences May 19, 2026, retaining the EZGO ticker but adopting new CUSIP G5279F300. Fractional outcomes are handled equitably: holdings yielding half or more of a share receive a full share, while lesser fractions are cancelled, ensuring no partial issuances. VStock Transfer, LLC serves as exchange agent for certificate adjustments. This maneuver signals proactive compliance efforts amid potential delisting risks, directly impacting share structure and liquidity for investors while preserving market presence.