Elong Power Holding Limited
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $58.3M
- Price
- $3.99
- % Change (Daily % change from the live per-ticker quote feed.)
- -3.86%
- Volume
- 74.4K
About
Elong Power Holding Limited is a China-based company specializing in the research, development, manufacturing, sales, and service of high-power lithium-ion batteries. Their products are primarily used in electric vehicles, construction machinery, and energy storage systems, utilizing lithium manganese oxide and lithium iron phosphate technologies.
Quick stats
Shares outstanding14.6M
Computed float67.3K
Float / shares0.5%
Key info
SectorIndustrials
IndustryElectrical Equipment & Parts
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002015691
Websitehttps://www.elongpower.com
AI Summary
AI-generated1/7
majorbearishreverse split
/C O R R E C T I O N -- Elong Power Holding Limited/
Elong Power Holding Limited announced a 1-for-45 reverse stock split effective at the open of trading on August 10, 2026.
The consolidation aims to maintain compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii), which mandates a minimum closing bid price of $0.10.
Share counts will decrease from approximately 35 million Class A and 114,515 Class B shares to roughly 0.78 million and 2,545 shares, respectively.
Red flags
- Reverse split to regain Nasdaq listing compliance
- High consolidation ratio (1-for-45) indicates severe share price decline