# EZGO Sets 1-for-3 Reverse Split for Nov. 5 Nasdaq Trading

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/47891
Published: 2026-11-03T18:12:02.000Z
Updated: 2026-11-03T18:12:02.000Z
Section: Business

> The company expects its issued and outstanding shares to fall from 5,305,950 to about 1.77 million while retaining the EZGO ticker.

EZGO Technologies Ltd. plans a 1-for-3 reverse split of its ordinary shares, with split-adjusted trading set to start Nov. 5. The company expects its issued and outstanding share count to fall to about 1.77 million as it seeks to maintain Nasdaq listing compliance.

EZGO announced the plan at 8:30 a.m. ET Nov. 3. Its board approved the split Aug. 6. Under the change, every three existing ordinary shares will be combined into one, reducing the count from 5,305,950 to approximately 1,768,650.

The shares will continue trading under the EZGO ticker on the Nasdaq Capital Market and will use CUSIP G5279F128. EZGO said the split is intended to raise the market price per share to support continued-listing compliance. The company said a shareholder vote was not required under British Virgin Islands law.