ELPW$2.79+1.32%
Elong Power Holding Ltd.
Sector: Miscellaneous Electrical Machinery, Equipment & SuppliesIndustry: Electrical Equipment & PartsCountry: CNExchange: Nasdaq
Mkt Cap:$2.6M
Float & O/S:
Inst Own:
DilutionScan read 43 of Elong Power Holding Ltd.'s SEC filings and found 8 warrant series, 6 S-1 registrations and 8 completed offerings on file for ELPW. The latest dilution event on file is a registration statement on Sep 3, 2026. Analysis updated Oct 28, 2026.
Signal8 Summary
ELPW
Going-concern micro-cap, three reverse splits
- Business
- Weak0.6% gross margin, $5.6M loss on $2.1M revenue
- Stock risk
- High$2.3M cap, three reverse splits, warrants 344% of shares
Snapshot
Elong Power is a tiny Chinese battery/energy-storage company that just pivoted to an asset-light model. FY 2025 revenue was $2.1M with only 0.6% gross margin, and the company lost $5.6M while burning $2.8M in free cash flow.
What's Happening Right Now
- : On Oct 28, 2026, Elong Power's Hong Kong subsidiary signed a one-year, US$25.5 million omnichannel distribution agreement for smart electronics and energy storage products, and delivered an initial US$0.84 million batch of goods; the counterparty is unnamed and margin isn't disclosed.
- : Elong Power called an Oct 30, 2026 shareholder vote to deregister from the Cayman Islands and re-domicile as a BVI company, a jurisdictional change the company says does not alter the underlying business; Class B holders effectively control the vote.
- : On Sep 10, 2026, Elong Power filed a 424B3 registering resale of up to 2.58 million Class A shares issuable from 2026 warrants, with the exercise price reset to $4.34 after the 45-for-1 split, well above the recent trading price.
- : Registered 2.58M shares for sale on Form S-1.
- : Raised $1.38M in gross proceeds through a registered direct offering, with warrants over 255K shares.
- : Registered additional securities for sale on Form S-1.
