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[6-K] EZGO Technologies Ltd. Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

STMicroelectronics (STM) has released a Form 6-K reporting routine activity under its 2024 share-buyback program. During the week of 30 June – 4 July 2025, the company repurchased 202,801 ordinary shares (≈0.02% of issued capital) on Euronext Paris at a weighted-average price of €26.0578, for a total outlay of €5.28 million. Following these purchases, STM now holds 16,724,034 treasury shares, representing about 1.8% of total shares outstanding. The repurchases are executed to satisfy employee equity plans and may be re-allocated for other lawful purposes under EU Market Abuse Regulation article 5(2). No changes to guidance, capital structure strategy, or operational outlook were disclosed.

STMicroelectronics (STM) ha pubblicato un modulo 6-K che riporta un'attività di routine nell'ambito del programma di riacquisto azionario 2024. Durante la settimana dal 30 giugno al 4 luglio 2025, la società ha riacquistato 202.801 azioni ordinarie (circa lo 0,02% del capitale emesso) su Euronext Paris ad un prezzo medio ponderato di €26,0578, per un esborso totale di 5,28 milioni di euro. A seguito di questi acquisti, STM detiene ora 16.724.034 azioni proprie, pari a circa l'1,8% del totale delle azioni in circolazione. I riacquisti sono stati effettuati per soddisfare i piani azionari destinati ai dipendenti e possono essere riallocati per altri scopi leciti ai sensi dell'articolo 5(2) del Regolamento UE sul Market Abuse. Non sono state comunicate modifiche alle previsioni, alla strategia di struttura del capitale o alle prospettive operative.

STMicroelectronics (STM) ha publicado un Formulario 6-K informando sobre una actividad rutinaria dentro de su programa de recompra de acciones para 2024. Durante la semana del 30 de junio al 4 de julio de 2025, la compañía recompró 202,801 acciones ordinarias (≈0.02% del capital emitido) en Euronext París a un precio promedio ponderado de €26.0578, por un desembolso total de 5.28 millones de euros. Tras estas compras, STM posee ahora 16,724,034 acciones en tesorería, que representan aproximadamente el 1.8% del total de acciones en circulación. Las recompras se realizan para cumplir con planes de acciones para empleados y pueden reasignarse para otros fines legales según el artículo 5(2) del Reglamento de Abuso de Mercado de la UE. No se divulgaron cambios en las previsiones, estrategia de estructura de capital o perspectivas operativas.

STMicroelectronics(STM)는 2024년 자사주 매입 프로그램에 따른 정기 활동을 보고하는 Form 6-K를 발표했습니다. 2025년 6월 30일~7월 4일 주간 동안, 회사는 유로넥스트 파리에서 202,801주 보통주(발행 자본의 약 0.02%)를 평균 가중가격 €26.0578에 매입하여 총 528만 유로를 지출했습니다. 이 매입 후 STM은 현재 16,724,034주 자사주를 보유 중이며, 이는 전체 발행 주식의 약 1.8%에 해당합니다. 이번 자사주 매입은 직원 주식 계획을 충족하기 위한 것이며, EU 시장남용규정 5조 2항에 따라 다른 합법적 목적을 위해 재배분될 수 있습니다. 가이던스, 자본 구조 전략 또는 운영 전망에 대한 변경 사항은 공개되지 않았습니다.

STMicroelectronics (STM) a publié un formulaire 6-K rapportant une activité courante dans le cadre de son programme de rachat d’actions 2024. Au cours de la semaine du 30 juin au 4 juillet 2025, la société a racheté 202 801 actions ordinaires (environ 0,02 % du capital émis) sur Euronext Paris à un prix moyen pondéré de 26,0578 €, pour un montant total de 5,28 millions d’euros. À la suite de ces achats, STM détient désormais 16 724 034 actions propres, représentant environ 1,8 % du total des actions en circulation. Ces rachats sont effectués pour satisfaire les plans d’attribution d’actions aux employés et peuvent être réaffectés à d’autres fins légales conformément à l’article 5(2) du règlement européen sur les abus de marché. Aucune modification des prévisions, de la stratégie de structure du capital ou des perspectives opérationnelles n’a été divulguée.

STMicroelectronics (STM) hat ein Formular 6-K veröffentlicht, das routinemäßige Aktivitäten im Rahmen seines Aktienrückkaufprogramms 2024 meldet. In der Woche vom 30. Juni bis 4. Juli 2025 hat das Unternehmen 202.801 Stammaktien (≈0,02 % des ausgegebenen Kapitals) an der Euronext Paris zu einem gewichteten Durchschnittspreis von €26,0578 zurückgekauft, mit einem Gesamtaufwand von 5,28 Millionen Euro. Nach diesen Käufen hält STM nun 16.724.034 eigene Aktien, was etwa 1,8 % der insgesamt ausstehenden Aktien entspricht. Die Rückkäufe erfolgen zur Erfüllung von Mitarbeiterbeteiligungsprogrammen und können gemäß Artikel 5(2) der EU-Marktmissbrauchsverordnung für andere rechtmäßige Zwecke umgeschichtet werden. Es wurden keine Änderungen an der Prognose, der Kapitalstrukturstrategie oder den operativen Aussichten bekannt gegeben.

Positive
  • Continued execution of authorised share-buyback program demonstrates management’s commitment to capital return.
  • Treasury shares now at 1.8% of outstanding, providing flexibility for employee incentives without future dilution.
Negative
  • Repurchase volume is only 0.02% of share capital, offering minimal EPS accretion or signalling value.
  • No new operational or financial guidance, leaving investors without incremental insight into performance.

Insights

TL;DR – Routine buyback update; immaterial to valuation.

The reported €5.3 m repurchase equates to roughly 0.02 % of STM’s share base and <0.01 % of its €40 bn market cap, indicating negligible dilution impact and a neutral effect on near-term EPS. While ongoing buybacks support capital-return credibility and signal balance-sheet flexibility, the scale is too small to shift fundamentals or investor sentiment. Absence of earnings or guidance changes further limits market impact; therefore, the filing is best viewed as administrative disclosure rather than a catalyst.

STMicroelectronics (STM) ha pubblicato un modulo 6-K che riporta un'attività di routine nell'ambito del programma di riacquisto azionario 2024. Durante la settimana dal 30 giugno al 4 luglio 2025, la società ha riacquistato 202.801 azioni ordinarie (circa lo 0,02% del capitale emesso) su Euronext Paris ad un prezzo medio ponderato di €26,0578, per un esborso totale di 5,28 milioni di euro. A seguito di questi acquisti, STM detiene ora 16.724.034 azioni proprie, pari a circa l'1,8% del totale delle azioni in circolazione. I riacquisti sono stati effettuati per soddisfare i piani azionari destinati ai dipendenti e possono essere riallocati per altri scopi leciti ai sensi dell'articolo 5(2) del Regolamento UE sul Market Abuse. Non sono state comunicate modifiche alle previsioni, alla strategia di struttura del capitale o alle prospettive operative.

STMicroelectronics (STM) ha publicado un Formulario 6-K informando sobre una actividad rutinaria dentro de su programa de recompra de acciones para 2024. Durante la semana del 30 de junio al 4 de julio de 2025, la compañía recompró 202,801 acciones ordinarias (≈0.02% del capital emitido) en Euronext París a un precio promedio ponderado de €26.0578, por un desembolso total de 5.28 millones de euros. Tras estas compras, STM posee ahora 16,724,034 acciones en tesorería, que representan aproximadamente el 1.8% del total de acciones en circulación. Las recompras se realizan para cumplir con planes de acciones para empleados y pueden reasignarse para otros fines legales según el artículo 5(2) del Reglamento de Abuso de Mercado de la UE. No se divulgaron cambios en las previsiones, estrategia de estructura de capital o perspectivas operativas.

STMicroelectronics(STM)는 2024년 자사주 매입 프로그램에 따른 정기 활동을 보고하는 Form 6-K를 발표했습니다. 2025년 6월 30일~7월 4일 주간 동안, 회사는 유로넥스트 파리에서 202,801주 보통주(발행 자본의 약 0.02%)를 평균 가중가격 €26.0578에 매입하여 총 528만 유로를 지출했습니다. 이 매입 후 STM은 현재 16,724,034주 자사주를 보유 중이며, 이는 전체 발행 주식의 약 1.8%에 해당합니다. 이번 자사주 매입은 직원 주식 계획을 충족하기 위한 것이며, EU 시장남용규정 5조 2항에 따라 다른 합법적 목적을 위해 재배분될 수 있습니다. 가이던스, 자본 구조 전략 또는 운영 전망에 대한 변경 사항은 공개되지 않았습니다.

STMicroelectronics (STM) a publié un formulaire 6-K rapportant une activité courante dans le cadre de son programme de rachat d’actions 2024. Au cours de la semaine du 30 juin au 4 juillet 2025, la société a racheté 202 801 actions ordinaires (environ 0,02 % du capital émis) sur Euronext Paris à un prix moyen pondéré de 26,0578 €, pour un montant total de 5,28 millions d’euros. À la suite de ces achats, STM détient désormais 16 724 034 actions propres, représentant environ 1,8 % du total des actions en circulation. Ces rachats sont effectués pour satisfaire les plans d’attribution d’actions aux employés et peuvent être réaffectés à d’autres fins légales conformément à l’article 5(2) du règlement européen sur les abus de marché. Aucune modification des prévisions, de la stratégie de structure du capital ou des perspectives opérationnelles n’a été divulguée.

STMicroelectronics (STM) hat ein Formular 6-K veröffentlicht, das routinemäßige Aktivitäten im Rahmen seines Aktienrückkaufprogramms 2024 meldet. In der Woche vom 30. Juni bis 4. Juli 2025 hat das Unternehmen 202.801 Stammaktien (≈0,02 % des ausgegebenen Kapitals) an der Euronext Paris zu einem gewichteten Durchschnittspreis von €26,0578 zurückgekauft, mit einem Gesamtaufwand von 5,28 Millionen Euro. Nach diesen Käufen hält STM nun 16.724.034 eigene Aktien, was etwa 1,8 % der insgesamt ausstehenden Aktien entspricht. Die Rückkäufe erfolgen zur Erfüllung von Mitarbeiterbeteiligungsprogrammen und können gemäß Artikel 5(2) der EU-Marktmissbrauchsverordnung für andere rechtmäßige Zwecke umgeschichtet werden. Es wurden keine Änderungen an der Prognose, der Kapitalstrukturstrategie oder den operativen Aussichten bekannt gegeben.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2025

 

Commission File Number: 001- 39833

 

EZGO Technologies Ltd.

(Translation of registrant’s name into English)

 

Building #A, Floor 2, Changzhou Institute of Dalian University of Technology

Science and Education Town

Wujin District, Changzhou City

Jiangsu, China 213164

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒         Form 40-F

 

 

 

 

 

 

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 

As previously disclosed, on December 30, 2024, EZGO Technologies Ltd.  (the “Company”) received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that the minimum closing bid price per share for its ordinary shares, par value US$0.04 per share (“Ordinary Shares”) was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). Nasdaq has provided the Company with a 180 calendar days compliance period, or until June 30, 2025, in which to regain compliance with Nasdaq continued listing requirement.

 

On July 2, 2025, the Company received a letter from Nasdaq, indicating that the Company is granted an additional 180 calendar days, until December 29, 2025, to regain compliance with the minimum bid price requirement of $1 per share, as stipulated by Nasdaq Listing Rule 5550(a)(2). If compliance cannot be demonstrated by December 29, 2025, Nasdaq staff will provide written notification that the Company’s securities will be delisted. At that time, the Company may appeal Nasdaq staff’s determination to a Hearings Panel.

 

The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement. The Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2).

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: July 7, 2025 EZGO Technologies Ltd.
     
  By: /s/ Jianhui Ye
  Name:  Jianhui Ye
  Title: Chief Executive Officer

 

 

2

 

FAQ

How many STMicroelectronics shares were repurchased during 30 Jun – 4 Jul 2025?

STM bought back 202,801 ordinary shares in the reported week.

What was the total amount spent by STM on the weekly share buyback?

The company spent €5,284,555.36 at a weighted-average price of €26.0578 per share.

What percentage of STMicroelectronics’ share capital do the newly repurchased shares represent?

The week’s purchases equal about 0.02 % of issued share capital.

How many treasury shares does STMicroelectronics hold after this transaction?

STM now holds 16,724,034 treasury shares, or roughly 1.8 % of shares outstanding.

What is the purpose of STM’s share repurchase program?

The program mainly serves to cover employee share and option plans, with flexibility for other lawful uses under EU regulations.

Did STMicroelectronics provide any new earnings guidance in this 6-K filing?

No, the filing strictly covers share repurchase activity and contains no earnings or outlook updates.
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