Dividends & Buybacks ·
Elong Power Holding Limited filed a proxy statement for an extraordinary general meeting on August 27, 2026
ELPWElong Power Holding Ltd.
Elong Power Holding Limited filed a proxy statement for an extraordinary general meeting on August 27, 2026. The company seeks shareholder ratification of a 45-for-1 reverse stock split effective August 10, 2026, and authorization for future conditional reverse splits ranging from 10-to-1 to 80-to-1 if the share price falls below $1.00. Proposals also include increasing authorized share capital to US$288 billion, reducing par value to US$0.0000001 via a special resolution under Cayman Islands law, and amending articles of association. The company operates in the power generation industry.