Smart Powerr sets 1-for-10 reverse stock split, effective June 16
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Smart Powerr sets 1-for-10 reverse stock split, effective June 16
  • Smart Powerr will execute a 1-for-10 reverse stock split to address Nasdaq’s minimum bid price requirement.
  • Shares held at the close on June 15, 2026 will be consolidated; trading starts post-split on June 16, 2026 under CREG.
  • Fractional shares will be rounded up, cutting shares outstanding to about 2,750,000 from about 27,500,000.
  • Options and warrants will be adjusted, reducing share counts issuable while increasing exercise prices.
  • Post-split common stock CUSIP will be 168913507.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smart Powerr Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606081630PRIMZONEFULLFEED9733574) on June 08, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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