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.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Smart Powerr Corp.: Effected a 1-for-10 reverse stock split of Common Stock via Certificate of Change to Articles of Incorporation (effective 2025-07-18).

Change: charter amendment
Effective: 2025-07-18

Exact text from the filing

On June 30, 2025, Smart Powerr Corp., a Nevada corporation (the “Company”), filed a Certificate of Change Pursuant to Section 78.209 of the Nevada Revised Statutes (“NRS”) with the Secretary of State of Nevada, to be effective as of July 18, 2025 (the “Effective Date”), at which time a 1-for-10 reverse stock split of the Company’s authorized shares of Common Stock, par value $0.001 per share (the “Common Stock”), accompanied by a corresponding decrease in the Company’s issued and outstanding shares of Common Stock (the “Reverse Stock Split”), shall be effected.

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Smart Powerr Corp. filing history →

Source: SEC EDGAR

accession 0001213900-25-065847

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