Welcome to our dedicated page for Elong Power Holding news (Ticker: ELPW), a resource for investors and traders seeking the latest updates and insights on Elong Power Holding stock.
Elong Power Holding Limited (NASDAQ: ELPW) appears in news coverage as a provider of high power battery technologies for commercial and specialty alternative energy vehicles and for energy storage systems. Company press releases and regulatory reports highlight developments around its lithium-ion battery platform, corporate actions, and listing status on the Nasdaq Global Market.
News items about Elong Power often focus on its capital markets and listing developments. The company has disclosed Nasdaq notifications regarding non-compliance with minimum bid price, market value of listed securities, and market value of publicly held shares, along with defined periods to regain compliance. Coverage also includes Elong Power’s implementation of a sixteen-for-one reverse stock split (share consolidation) and related changes to authorized share capital and voting rights, as approved by shareholders and documented in Form 6-K filings.
Another recurring news theme is corporate governance and reporting. Elong Power has issued announcements on the timing and status of its annual report on Form 20-F, responses to Nasdaq Listing Rule 5250(c)(1) notices, and subsequent confirmations of compliance once filings were made. The company has also reported management and board changes, including the resignation and appointment of a chief financial officer and the replacement of certain directors and committee chairs, together with information on their experience and roles on board committees.
Sector-related news includes Elong Power’s description of its activities in high-power lithium-ion batteries and energy storage systems, and a strategic cooperation agreement with the Consumer Protection Agency of the Republic of Indonesia (BPKN) to explore power system solutions and new energy development. While the company notes that this agreement does not constitute a binding purchase commitment, it illustrates how Elong Power presents its technology in the context of international energy projects.
Investors and observers who follow ELPW news can use this page to review company-issued press releases and related updates that describe its battery technology focus, governance decisions, and Nasdaq listing compliance efforts.
Elong Power Holding (Nasdaq: ELPW) announced a 1-for-80 reverse share consolidation, now effective at the open of Nasdaq on March 12, 2026. The consolidation reduces issued and outstanding shares from approximately 63 million to approximately 0.79 million and changes the CUSIP to G3016G129.
The board approved the reverse split on March 5, 2026 under prior shareholder authorization (accumulative consolidation cap 4000:1, two-year window). The consolidation aims to maintain compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii) requiring a closing bid above $0.10. Authorized shares will be proportionally reduced.
Elong Power (NASDAQ: ELPW) will effect a 1-for-80 share consolidation (reverse split) at the open of Nasdaq on March 10, 2026. The board approved the action on March 5, 2026 after shareholder authorization on January 6, 2026.
The Reverse Split reduces issued and outstanding shares from approximately 63 million to about 0.79 million, changes the CUSIP to G3016G129, and proportionally reduces authorized shares. The company says the purpose is to maintain compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii) (minimum $0.10 closing bid).
Elong Power (NASDAQ: ELPW) closed an underwritten public offering of 21,700,000 Units at US$0.3231 per Unit, generating approximately US$7.0 million gross proceeds on Feb 27, 2026.
Each Unit includes one Class A ordinary share and one common warrant exercisable immediately, expiring three years after issuance, with specified exercise-price adjustments on Mar 3 and Mar 6, 2026. The underwriter partially exercised a 45-day over-allotment option for 3,255,000 Common Warrants. Proceeds are for general corporate purposes and working capital; registration was declared effective Feb 25, 2026.
Elong Power (Nasdaq: ELPW) priced an underwritten public offering of 21,700,000 Units at US$0.3231 per Unit, raising approximately US$7.0 million in gross proceeds. Each Unit includes one Class A ordinary share and one common warrant exercisable for one share.
The Company expects closing on February 27, 2026, may grant a 45-day overallotment for up to 3,255,000 additional shares/warrants, and plans to use proceeds for working capital, sales network expansion, and production capacity upgrades.
Elong Power Holding (Nasdaq: ELPW) closed an underwritten public offering of 2,400,000 Units at US$3.16 per Unit, generating approximately US$7.6 million in gross proceeds.
Each Unit includes one Class A ordinary share and one common warrant exercisable immediately for three years at US$3.16, with scheduled exercise-price adjustments and a zero-cash exercise option. The company received partial over-allotment exercise and intends to use proceeds for general corporate purposes and working capital.
Elong Power (Nasdaq: ELPW) priced an underwritten public offering of 2,400,000 Units at US$3.16 per Unit, generating approximately US$7.6 million in gross proceeds before expenses. Each Unit contains one Class A ordinary share (or a pre-funded warrant) and one common warrant.
The Common Warrants expire in three years, are exercisable immediately at US$3.16, and include post-closing adjustments on trading days 4 and 8 that reduce the exercise price to 70% and 50% of the initial price respectively, with proportionate share increases. Holders may opt for a zero exercise price mechanism to receive twice the cash-exercise share amount. The offering is expected to close on February 3, 2026, with an underwriter option to purchase up to an additional 360,000 Class A shares and/or 360,000 Common Warrants. Proceeds are intended for general corporate purposes, sales network expansion, and production/capacity upgrades. SEC declared the registration effective on January 29, 2026.
Elong Power (Nasdaq: ELPW) announced a 16-for-1 reverse stock split, approved by shareholders on November 24, 2025. The split will combine every 16 issued and outstanding Class A ordinary shares into one share, reducing outstanding shares from approximately 61.3 million to approximately 3.8 million.
Class A shares will begin trading on an adjusted basis on December 26, 2026 under the existing ticker ELPW; the new CUSIP is G3016G111. The company amended its memorandum to proportionately reduce authorized shares and set the post-split par value at $0.00016 per share. Warrants and options will be adjusted proportionately; fractional shares will be rounded up. The reverse split is intended to meet Nasdaq's $1.00 minimum bid-price listing requirement.
Elong Power (NASDAQ: ELPW) received Nasdaq notification letters dated October 3, 2025 informing the company it is not in compliance with three Nasdaq Global Market standards: a minimum $1.00 closing bid price, $50 million MVLS, and $15 million MVPHS, each below required thresholds for the prior 30 consecutive business days.
The letters are notifications of deficiency, not delisting notices. The company has a 180‑day cure period through April 1, 2026 to regain compliance by meeting each metric for ten consecutive trading/business days. Ordinary shares continue to trade on Nasdaq and all other Nasdaq standards remain in compliance.
Elong Power (NASDAQ:ELPW), a provider of high power battery technologies, has received a non-compliance notice from Nasdaq due to failing to file its Form 20-F for fiscal year 2024 on time. The company has 60 calendar days to submit a compliance plan to Nasdaq.
If Nasdaq accepts the plan, ELPW could receive up to 180 calendar days extension until October 17, 2025 to file the report. While trading continues under "ELPW" symbol, failure to regain compliance could result in delisting from Nasdaq. The company states it is working to file the Form 20-F within the specified timeframe.
Elong Power (NASDAQ:ELPW) has signed a strategic cooperation agreement with Indonesia's Consumer Protection Agency (BPKN) to address electricity access challenges and promote new energy development in Indonesia. Under the agreement, BPKN plans to invest at least $1 billion in integrated solar-plus-storage off-grid power systems for Indonesia's islands and rural areas.
The partnership includes BPKN's commitment to support lithium battery energy storage systems implementation and green electrification of Indonesia's mining sector, with Elong Power providing technical support and solutions. Additionally, Elong Power will help attract Chinese new energy companies to invest in Indonesia. However, the agreement is non-binding and does not guarantee purchase orders.