Envirotech Vehicles Announces Reverse Stock Split
HOUSTON, TEXAS / ACCESS Newswire / August 6, 2025 / Envirotech Vehicles, Inc. (NASDAQ:EVTV), a prominent supplier of electric commercial vehicles, announced its decision to execute a reverse stock split, setting the ratio at 1-for-10. Shareholders approved this measure and authorized the company's board of directors to finalize the split ratio and timing during the Special Meeting of Stockholders on May 1, 2025.
Implementation Details
The reverse split will take effect on August 6, 2025, at 5:00 p.m. Eastern Time. Starting from the market open on August 8, 2025, Envirotech's common stock will trade on Nasdaq on a split-adjusted basis under the existing ticker symbol "EVTV". The company's new CUSIP number will be 29414V 308, reflecting the change.