other_material
confidence high
sentiment neutral
materiality 0.50
Smart Powerr effects 1-for-10 reverse stock split to meet Nasdaq minimum bid requirement
Smart Powerr Corp.
- Reverse stock split effective July 18, 2025, at a 1-for-10 ratio.
- Outstanding shares reduced from ~25.3 million to ~2.53 million.
- Purpose: regain compliance with Nasdaq's minimum bid price rule.
- Par value unchanged at $0.001; trading symbol remains CREG.
- Fractional shares rounded up; CUSIP changed to 168913408.
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