eLong Power Holding Ltd. has announced a 16-for-1 reverse stock split of its Class A ordinary shares. The adjustment will reduce the total number of outstanding shares from approximately 61.3 million to 3.8 million and lower the par value to $0.00016 per share. The shares will begin trading on an adjusted basis under the existing ticker symbol "ELPW" on December 26, 2026. The reverse split aims to help the company comply with Nasdaq's minimum bid price requirement.
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