Orion Energy Systems announces 1:10 reverse stock split effective Aug 22, 2025

ORION ENERGY SYSTEMS, INC.

Reverse split at 1:10 ratio; shares outstanding drop from ~35.2M to ~3.5M.
Authorized shares reduced proportionally from 200M to 20M; no fractional shares, cash in lieu.
Split intended to raise bid price above $1 to regain Nasdaq continued listing compliance.
Stock will continue trading under symbol OESX on Nasdaq on split-adjusted basis from Aug 22.
Board and shareholders approved split; amendment filed with Wisconsin DFI on Aug 19.

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