eLong Power effects 45-for-1 share consolidation - ELPW News | RallieseLong Power effects 45-for-1 share consolidation
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ELPW• Share consolidation and warrant adjustment
- eLong Power Holding completed a 45-for-1 share consolidation disclosed in an Aug. 11 filing.
- Common warrants from May, July and Aug. 2026 offerings reset under anti-dilution terms tied to VWAP around future offerings.
- The exercise price was adjusted to $3.8 as of Aug. 17, 2026, the end of the adjustment period.
- Warrant share count increased to 3,193,862 Class A ordinary shares to preserve the aggregate exercise price.
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