Eshallgo executes 1-for-16 reverse stock split to maintain Nasdaq listing compliance

• Eshallgo will execute a 1-for-16 reverse stock split of Class A ordinary shares and Class B ordinary shares, effective at Nasdaq open on April 20, 2026.
• Shares will trade on a split-adjusted basis under ticker EHGO.
• Move targets compliance with Nasdaq minimum bid price rule requiring at least $1 per share.
• Outstanding Class A ordinary shares will fall to about 1,660,000 from about 26,510,000.
• Outstanding Class B ordinary shares will drop to about 370,000 from about 5,860,000.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eshallgo Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001185185-26-001460), on April 22, 2026, and is solely responsible for the information contained therein.