E-Power Inc. entered into securities purchase agreements on May 21, 2026, to issue and sell 3,600,000 Class A ordinary shares at $0.55 per share through a registered direct offering. The company expects to receive approximately $1,980,000 in gross proceeds for working capital and general corporate purposes. Additionally, the company received a Nasdaq minimum bid price deficiency notification on May 20, 2026. E-Power Inc. is an energy-related company based in China.
