StocksMedium•13 October 2026•
1 min read
Kandi Technologies Announces 1-for-10 Reverse Stock Split
Key Facts
1Kandi Technologies announced a 1-for-10 reverse stock split of its ordinary shares effective October 16, 2026.
2The company's shares will continue to trade on the Nasdaq Global Select Market under the symbol KNDI on a split-adjusted basis.
Kandi Technologies announced a 1-for-10 reverse stock split of its ordinary shares effective October 16, 2026. GlobeNewswire reported that the company's shares will continue to trade on the Nasdaq Global Select Market under the symbol KNDI on a split-adjusted basis, as the firm moves to consolidate 103,002,499 issued and outstanding shares into a smaller pool.
KNDI closed at $0.5764 on October 12, 2026, having reached a day high of $0.59371 and a low of $0.562 during that session. The reverse split is a standard corporate action intended to increase the per-share trading price to meet exchange requirements without altering the company's fundamental market value.