Dividends & Buybacks · GlobeNewswire

Smart Powerr Corp. Announces Effective Date of Reverse Stock Split

CREGSmart Powerr Corp.

Smart Powerr Corp. announced the effective date of a reverse stock split with a ratio of 1-for-10 to comply with Nasdaq Capital Market minimum bid price requirements. Upon effectiveness, every ten shares will combine into one share, reducing outstanding common stock from approximately 27.5 million to 2.75 million. Fractional shares will be rounded up. Trading on a post-split basis begins June 16, 2026. Smart Powerr Corp. operates in the energy sector, providing waste energy recycling and energy storage solutions.