Recent Updates — EPOW

E-Power Inc. closed a registered direct offering on September 30, 2026, raising approximately $1.87 million in gross proceeds. The company issued 229,097 Class A ordinary shares and pre-funded warrants for an additional 292,393 shares at a purchase price of $3.60 per share. Net proceeds will be used for working capital and general corporate purposes. FT Global Capital served as the exclusive placement agent.

E-Power Inc. received confirmation from Nasdaq that it has regained compliance with Listing Rule 5550(a)(2) regarding the Minimum Bid Price Requirement. The company had previously been notified of a deficiency on May 20, 2026, due to its Class A ordinary shares trading below $1.00 for 30 consecutive business days. Nasdaq granted an initial compliance period until November 16, 2026. On October 5, 2026, Nasdaq issued a letter stating that the company maintained a minimum closing bid price of $1.00 or greater for ten consecutive business days from September 21 to October 2, 2026, thereby resolving the deficiency. The matter is now closed. E-Power Inc. operates in the energy sector.

E-Power Inc. announced a forward share consolidation on a 25-for-1 basis, approved by shareholders on September 4, 2026. The company's authorized ordinary shares will decrease from 5 billion to 200 million, and outstanding shares are expected to drop from approximately 58.17 million to roughly 2.33 million. Trading under the symbol EPOW on the Nasdaq Capital Market will resume on a post-consolidation basis starting September 18, 2026, with fractional shares rounded up rather than cashed out. The company operates in the energy sector.

E-Power Inc. filed a 6-K furnishing the Notice and Proxy Statement for an Extraordinary General Meeting scheduled for September 4, 2026. The primary proposal is a 25-for-1 share consolidation to regain compliance with Nasdaq’s minimum bid price requirement following a deficiency notice received on May 20, 2026. If approved, the consolidation will take effect on September 18, 2026, reducing authorized Class A shares from 3.5 billion to 140 million and Class B shares from 1.5 billion to 60 million. Fractional shares will be rounded up to the next whole share. The company operates in the energy sector.

E-Power Inc. closed a private placement on June 29, 2026, issuing 15,841,585 Class A ordinary shares to a single purchaser. The shares were sold at $1.01 per share, generating approximately $16.0 million in aggregate gross proceeds before expenses. The company plans to utilize the net proceeds for working capital, investments, and general corporate purposes. E-Power Inc. is a company based in China that operates in the energy sector.