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EZGO Technologies (NASDAQ: EZGO) Restores Nasdaq Bid Price Compliance

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(Low)
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Form Type
6-K

Rhea-AI Filing Summary

EZGO Technologies Ltd. has regained compliance with Nasdaq’s minimum bid price rule after previously falling below the required US$1.00 per share for 30 consecutive business days. Nasdaq had granted the company until December 29, 2025 to restore its share price under Listing Rule 5550(a)(2).

To address the issue, EZGO implemented a 1-for-25 reverse share split on November 21, 2025, consolidating every twenty-five ordinary shares into one, with fractional shares rounded to the nearest whole share. After this change, the closing bid price stayed at or above US$1.00 per share for 13 consecutive business days from November 21 through December 10, 2025, and Nasdaq has confirmed that the compliance matter is now closed.

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Insights

EZGO restores Nasdaq bid price compliance via a 1-for-25 reverse split.

EZGO had fallen out of compliance with Nasdaq Listing Rule 5550(a)(2) after its ordinary shares traded below US$1.00 for 30 consecutive business days. Nasdaq then provided an additional 180 days, until December 29, 2025, for the company to bring its share price back into line with the minimum bid requirement.

The company executed a 1-for-25 reverse share split on November 21, 2025, combining every twenty-five ordinary shares into one and rounding fractional positions to the nearest whole share. This corporate action increases the per-share trading price without changing overall market capitalization.

Following the reverse split, the closing bid stayed at or above US$1.00 per share for 13 consecutive business days from November 21 through December 10, 2025. Nasdaq has confirmed that EZGO once again meets the minimum bid price requirement and that the compliance matter is closed, while this update does not provide new information on revenue, earnings, or operations.

 

 

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 December 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 office)

 

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 ☐

 

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

As previously disclosed, on December 30, 2024, the Staff of The Nasdaq Stock Market LLC (“Nasdaq”) notified EZGO Technologies Ltd. (the “Company”) that the bid price of its ordinary shares, no par value per share, (the “Ordinary Shares”) had closed below the minimum US$1.00 per share requirement for the preceding 30 consecutive business days, as required by Nasdaq Listing Rule 5550(a)(2).

 

As previously disclosed, 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).

 

As previously disclosed, on November 21, 2025, the Company effected a reverse share split of the Company’s Ordinary Shares at a ratio of 1-for-25, such that every twenty-five (25) issued Ordinary Shares are combined into one (1) issued ordinary share, with fractional shares rounded to the nearest whole share.

 

The Staff has since determined that, for 13 consecutive business days, from November 21, 2025, through December 10, 2025, the closing bid price of the Company’s Ordinary Shares has been at or above US$1.00 per share. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and Nasdaq has confirmed that the matter is now closed.

 

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.

 

  EZGO Technologies Ltd.
     
Date: December 12, 2025 By: /s/ Jianhui Ye
  Name:  Jianhui Ye
  Title: Chief Executive Officer

 

 

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