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EZGO Technologies Ltd - EZGO STOCK NEWS

Welcome to our dedicated news page for EZGO Technologies (Ticker: EZGO), a resource for investors and traders seeking the latest updates and insights on EZGO Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect EZGO Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of EZGO Technologies's position in the market.

Rhea-AI Summary
EZGO Technologies (Nasdaq: EZGO) has entered into a strategic cooperation framework agreement with Woteam New Energy (Guangdong) Co., to jointly explore the Southeast Asian market. The five-year agreement aims to develop automotive and electric products for the region, leveraging EZGO's expertise in electric bicycles and Woteam's advanced battery technology. The collaboration includes establishing production plants for electric vehicles and lithium batteries across Southeast Asia, with a focus on expanding market reach and achieving significant sales targets.
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EZGO Technologies announced a procurement agreement with Hangzhou Huiyu Zhichuang Industrial Co., for the sale of security patrol robots and an intelligent patrol platform for $1.84 million, showcasing the company's strong R&D capabilities. The agreement includes the delivery and installation of the products within 9 months, highlighting the robots' advanced features like self-navigation, live video streaming, face and license plate detection, and more. The deal is expected to boost business expansion and sales, reinforcing EZGO's leading position in short-distance transport solutions.
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5000.76%
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EZGO Technologies approved a one-for-forty Reverse Share Split to increase market price per share and maintain Nasdaq listing. No shareholder vote needed. Shareholders will receive full shares for fractional ones.
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-27.83%
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EZGO Technologies (Nasdaq: EZGO) received a delisting determination notice from Nasdaq due to its Ordinary Shares closing bid price being below $1.00 for ten consecutive trading days. The company has until April 15, 2024, to regain compliance. EZGO plans to appeal the decision and is exploring options like a reverse stock split.
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EZGO Technologies Ltd. (Nasdaq: EZGO) reported its fiscal year 2023 financial results, with revenues at $15.9 million, a decrease of 8.4% from the prior year. Gross profit increased to $1.1 million, with a gross margin of 7.2%. The company's net loss was $7.3 million, and cash and cash equivalents stood at $17.3 million as of September 30, 2023.
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EZGO Technologies Ltd. (Nasdaq: EZGO) announces the delivery of 4,000 e-bicycles to Youon Technology Co., Ltd. for a transaction value of approximately RMB12 million. The collaboration is set to reach a total of 6,000 e-bicycles, with an additional 4,000 e-bicycles expected for dispatch. EZGO's CEO highlights the milestone in their cooperation with Youon and emphasizes their commitment to quality and client satisfaction.
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1.06%
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EZGO Technologies Ltd. receives notification letter from Nasdaq regarding non-compliance with minimum bid price requirement
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EZGO Technologies delivers 10 security patrol robots to PIESAT Information Technology
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10.53%
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Aegis Capital Corp. served as Exclusive Placement Agent for EZGO Technologies Ltd.'s $9.6 million Registered Direct Offering (NASDAQ:EZGO).
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-8.07%
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EZGO Technologies closes registered direct offering, raising approximately $9.6 million
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-8.07%
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EZGO Technologies Ltd

Nasdaq:EZGO

EZGO Rankings

EZGO Stock Data

5.26M
2.37M
6.91%
1.4%
0.44%
Motorcycle, Bicycle, and Parts Manufacturing
Manufacturing
Link
China
Changzhou