Kandi Technologies implements 1-for-10 reverse stock split effective Oct. 16
Bitget2026/10/13 20:05- Kandi Technologies will execute a 1-for-10 reverse stock split at the market open on Oct. 16, 2026.
- Ordinary shares will trade on a split-adjusted basis on Nasdaq Global Select Market under the symbol KNDI.
- Issued and outstanding ordinary shares totaled 103,002,499 before the split, including 2,077,134 shares repurchased in 2024.
- Par value will rise to $0.01 per share from $0.001 per share.
- New CUSIP for the ordinary shares will be G5214E111.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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