Paranovus Entertainment Technology Ltd.
- 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.)
- $3.4M
- Price
- $3.87
- % Change (Daily % change from the live per-ticker quote feed.)
- +1.05%
- Volume
- 22.2K
About
Paranovus Entertainment Technology Ltd. operates in the artificial intelligence (AI)-powered entertainment industry. The company focuses on providing AI-driven games and applications. The company was formerly known as Happiness Development Group Limited and changed its name to Paranovus Entertainment Technology Ltd. in March 2023. Paranovus Entertainment Technology Ltd. was founded in 2004 and is based in New York, New York.
Quick stats
Shares outstanding869.6K
Computed float856.9K
Float / shares98.5%
Cash runway (months)171.8
Key info
SectorHealthcare
IndustryMedical - Pharmaceuticals
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001751876
Websitehttps://pavs.ai
AI Summary
AI-generated1/9
majorbearishreverse split
Paranovus Entertainment Technology Limited Announces 1-For-100 Reverse Share Split
Paranovus Entertainment Technology announced a 1-for-100 reverse stock split of its Class A ordinary shares, effective at the market open on June 29, 2026.
The reverse split will reduce the number of issued and outstanding shares from approximately 85.7 million to 856,851 and increase the par value to $0.0012 per share.
VStock Transfer LLC is acting as exchange agent for the transaction, which is intended to increase the per-share trading price, though the company warned it cannot guarantee the post-split price will be maintained.
Red flags
- 1-for-100 reverse split indicates extreme listing compliance risk
- Company exited legacy businesses in 2023-2024 and recently completed a strategic acquisition