Smart Powerr (CREG) Announces 1-for-10 Reverse Stock Split | CREG Stock News

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4 days ago

Smart Powerr (CREG, Financial) has decided to implement a reverse stock split at a 1-for-10 ratio. This move aims to meet the minimum bid price requirement necessary for maintaining the listing of the company's shares on the Nasdaq Capital Market. As a result, every ten shares of the company's existing common stock will be consolidated into one share, without altering the par value of $0.001 per share. This change will take effect after business closes on July 17, 2025. This strategic adjustment is part of Smart Powerr's ongoing efforts to stay compliant with Nasdaq's regulations.

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