other_material
confidence high
sentiment neutral
materiality 0.65
Envirotech Vehicles announces 1-for-10 reverse stock split effective Aug 6, 2025
Envirotech Vehicles, Inc.
- Reverse stock split ratio set at 1-for-10; effective 5:00 p.m. ET on August 6, 2025.
- Outstanding shares reduced from ~35.3M to ~3.5M; authorized shares unchanged at 350M.
- Trading on Nasdaq begins August 8 under ticker EVTV; new CUSIP is 29414V 308.
- Fractional shares rounded up to nearest whole share; no fractional shares issued.
- Stockholder approval obtained at special meeting on May 1, 2025; board set split ratio.
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