other material
confidence high
sentiment neutral
materiality 0.55
Smart Powerr Corp. announces 1-for-10 reverse stock split effective June 15 to meet Nasdaq bid price requirement
Smart Powerr Corp.
- 1-for-10 reverse stock split effective June 15, 2026; shares reduced from ~27.5M to ~2.75M.
- Split intended to regain compliance with Nasdaq minimum bid price requirement; no guarantee of success.
- Fractional shares rounded up to next whole share; all stockholders percentage interest unchanged except for rounding.
- New CUSIP 168913507; trading symbol remains CREG.