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.)
- $4.3M
- Price
- $5.03
- % Change (Daily % change from the live per-ticker quote feed.)
- -4.19%
- Volume
- 21.1K
About
Paranovus Entertainment Technology Ltd. is a company operating within the artificial intelligence (AI) entertainment sector, primarily focusing on the development and provision of AI-driven games and software applications. The organization rebranded to its current name in March 2023, having previously been known as Happiness Development Group Limited. Founded in 2004, Paranovus Entertainment Technology Ltd. is headquartered in New York, New York.
Quick stats
Shares outstanding863.0K
Computed float227
Float / shares0.0%
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-generated1/11
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