Welcome to our dedicated page for Elong Power Holding news (Ticker: ELPW), a resource for investors and traders seeking the latest updates and insights on Elong Power Holding stock.
Elong Power Holding Limited provides high-power battery technologies for commercial and specialty alternative-energy vehicles and energy storage systems. Its recurring news includes capital raises involving Class A ordinary shares and warrants, share consolidations affecting Class A and Class B ordinary shares, Nasdaq listing compliance matters, and shareholder approvals tied to its capital structure.
Company updates also reflect its strategic realignment after the completed sale of Elong BVI and related subsidiaries, with the remaining business focused on research and development, sales, and service for energy storage systems.
Elong Power Holding Limited (Nasdaq: ELPW) will implement a 1-for-45 share consolidation (reverse split) of its Class A and Class B ordinary shares, effective at the open of Nasdaq trading on August 10, 2026, with a new CUSIP G3016G137.
According to the company, the objective is to maintain compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii), which requires a closing bid price above $0.10. Each 45 shares at par value $0.0128 will combine into one share at par value $0.576. Outstanding Class A shares will move from about 35 million to approximately 0.78 million, and Class B from about 114,515 to approximately 2,545, with authorized shares proportionally reduced. No fractional shares will be issued; each holder will receive at least one full share, and percentage ownership is expected to remain substantially unchanged aside from rounding.
Elong Power Holding Limited (Nasdaq: ELPW) closed its previously announced registered public offering of 11,466,666 units on a best-efforts basis at US$0.12 per unit, for total gross proceeds of approximately US$1.38 million before fees and expenses.
Each unit contains one Class A ordinary share and one common warrant to purchase one Class A ordinary share. The warrants are immediately exercisable at US$0.12 per share, have standard anti-dilution adjustments, and expire three years from issuance. According to Elong Power, net proceeds will fund working capital, general corporate purposes, product iteration and development, and expansion of production capacity. Maxim Group acted as sole placement agent, and the offering was conducted under an effective Form F-1 registration statement declared effective on July 28, 2026.
Elong Power Holding Limited (Nasdaq: ELPW) has priced a registered public offering of 11,466,666 Units on a best efforts basis at US$0.12 per Unit, for expected aggregate gross proceeds of approximately US$1.38 million before fees and expenses.
Each Unit consists of one Class A ordinary share (or pre-funded warrant) and one common warrant to purchase one Class A ordinary share. The common warrants are immediately exercisable at US$0.12 per share, include customary anti-dilution adjustments, and expire three years from issuance. Closing is expected on August 4, 2026, subject to customary conditions. According to Elong Power, net proceeds will be used for working capital, general corporate purposes, product iteration and development, and production capacity expansion.
Elong Power Holding Limited (Nasdaq: ELPW) closed its previously announced best-efforts registered public offering, issuing 16,500,000 units at US$0.40 per unit for approximately US$6.6 million in gross proceeds. Each unit includes one Class A ordinary share (or pre-funded warrant) and one common warrant.
Each common warrant is immediately exercisable at US$0.40, subject to customary anti-dilution adjustments, and expires three years from issuance. According to Elong Power, net proceeds will fund working capital, general corporate purposes, product iteration and development, and production capacity expansion. Maxim Group acted as sole placement agent.
Elong Power Holding (Nasdaq: ELPW) priced a registered public offering of 16,500,000 units at US$0.40 per Unit, on a best efforts basis, for expected gross proceeds of about US$6.6 million before fees and expenses.
Each Unit includes one Class A ordinary share (or a pre-funded warrant in lieu thereof) and one common warrant to purchase one Class A ordinary share. Common warrants are immediately exercisable at US$0.40, feature customary anti-dilution adjustments, and expire three years from issuance. Closing is expected on July 13, 2026, subject to customary conditions. Elong Power plans to use net proceeds for working capital, general corporate purposes, product iteration and development, and production capacity expansion. Maxim Group is sole placement agent, with the offering made under an effective Form F-1 registration statement declared effective on July 9, 2026.
Elong Power (Nasdaq: ELPW) closed a registered public offering on a best-efforts basis, raising approximately US$6.0 million in gross proceeds.
The company issued 4,615,500 Units at US$1.30 each, with every Unit containing one Class A ordinary share (or pre-funded warrant) and one common warrant, exercisable immediately at US$1.30 for three years.
According to Elong Power, net proceeds will support working capital, general corporate purposes, product iteration and development, and production capacity expansion.
Elong Power (Nasdaq: ELPW) priced a registered public offering of 4,615,500 Units at US$1.30 per Unit, for expected gross proceeds of about US$6.0 million before expenses.
Each Unit includes one Class A ordinary share (or pre-funded warrant) and one common warrant. Closing is expected on May 18, 2026. Proceeds will fund working capital, general purposes, product development and capacity expansion.
Elong Power Holding (Nasdaq: ELPW) announced a 1-for-80 reverse share consolidation, now effective at the open of Nasdaq on March 12, 2026. The consolidation reduces issued and outstanding shares from approximately 63 million to approximately 0.79 million and changes the CUSIP to G3016G129.
The board approved the reverse split on March 5, 2026 under prior shareholder authorization (accumulative consolidation cap 4000:1, two-year window). The consolidation aims to maintain compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii) requiring a closing bid above $0.10. Authorized shares will be proportionally reduced.
Elong Power (NASDAQ: ELPW) will effect a 1-for-80 share consolidation (reverse split) at the open of Nasdaq on March 10, 2026. The board approved the action on March 5, 2026 after shareholder authorization on January 6, 2026.
The Reverse Split reduces issued and outstanding shares from approximately 63 million to about 0.79 million, changes the CUSIP to G3016G129, and proportionally reduces authorized shares. The company says the purpose is to maintain compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii) (minimum $0.10 closing bid).
Elong Power (NASDAQ: ELPW) closed an underwritten public offering of 21,700,000 Units at US$0.3231 per Unit, generating approximately US$7.0 million gross proceeds on Feb 27, 2026.
Each Unit includes one Class A ordinary share and one common warrant exercisable immediately, expiring three years after issuance, with specified exercise-price adjustments on Mar 3 and Mar 6, 2026. The underwriter partially exercised a 45-day over-allotment option for 3,255,000 Common Warrants. Proceeds are for general corporate purposes and working capital; registration was declared effective Feb 25, 2026.