Kandi announces a 1-for-10 reverse split for Kandi Technologies stock

Published on 10/16/2026 at 03:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kandi will consolidate every 10 shares into one on October 16, 2026. The split covers Kandi Technologies stock and 103,002,499 shares outstanding.

Corporate action and operating scale

On October 13, 2026, Kandi announced a 1-for-10 reverse stock split.
For the six months ended June 30, 2026, revenue reached USD 57.1 million, up 57.4 percent year over year.
Kandi's market capitalization was USD 34.5 million, with a USD 0.38 to USD 1.29 52-week range, as of October 15, 2026.

KNDI, VGG5214E1034, Illustration mit AI erstellt.

Kandi Technologies Group (ISIN VGG5214E1034) expects to implement a 1-for-10 reverse stock split at the market open on October 16, 2026, with split-adjusted trading continuing on the Nasdaq Global Select Market under KNDI, according to GlobeNewswire on October 13, 2026. The company had 103,002,499 ordinary shares outstanding before the action.

Reverse split changes the share count

The reverse split consolidates every 10 ordinary shares into one and raises par value from USD 0.001 to USD 0.01 per share. Fractional shares will be rounded up to the nearest whole share at the participant level, while shareholder percentage interests are intended to remain unchanged except for adjustments from fractional-share treatment, according to GlobeNewswire.

Three dates show the operating buildout

Kandi's investor-relations page lists three quantified steps: an order to equip 18 CATL heavy-truck battery swap stations on July 20, 2026; first-half revenue of USD 57.1 million, up 57.4 percent year over year, on September 28, 2026; and the reverse split announcement on October 13, 2026, according to Kandi Technologies.

What does the first-half growth mean?

The six months ended June 30, 2026, produced USD 9.4 million of net income, up 452.2 percent from USD 1.7 million in the prior-year period. Revenue rose from USD 36.3 million, with off-road vehicle sales and the Rawrr acquisition contributing to the increase, according to Yahoo Finance on September 28, 2026. The comparison matters because the reverse split changes the share count, while the operating figures describe the business before that capital-markets adjustment.

Next date is October 16

The next substantiated corporate-action date is October 16, 2026, when the reverse split is expected to become effective and split-adjusted trading is expected to begin at the Nasdaq market open.

Nasdaq valuation remains a separate reference

The last Nasdaq quote was USD 0.41 on October 15, 2026, at 4:00 p.m. ET. The same market snapshot put Kandi's market capitalization at USD 34.5 million and its 52-week range at USD 0.38 to USD 1.29 as of October 15, 2026.