PAVS

NEW YORK, NY / ACCESS Newswire / June 25, 2026 / Paranovus Entertainment Technology Limited (NASDAQ:PAVS) ("we" or the "Company"), today announced that it will effect a reverse share split of its outstanding Class A ordinary shares, par value $0.000012 per share (the "Class A Ordinary Shares"), at a ratio of 1-for-100. Our Class A Ordinary Shares will begin trading on a reverse share split-adjusted basis at the opening of The Nasdaq Capital Market ("Nasdaq") on June 29, 2026.

NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- PAVS (NASDAQ:PAVS) (the "Company"), a consumer products and digital commerce solutions company, today announced that it has entered into a definitive agreement with certain institutional investors for a registered direct offering of an aggregate of 50,000,000 Class A ordinary shares (or pre-funded warrants to purchase Class A ordinary shares in lieu thereof) at a purchase price of $0.20 per share. The gross proceeds to the Company from the offering are expected to be approximately $10 million, before deducting offering expenses.

NEW YORK CITY, NY / ACCESS Newswire / June 15, 2026 / PAVS (NASDAQ:PAVS) (the "Company"), a consumer products and digital commerce solutions company, today announced that it and AC Sunshine Securities LLC ("ACSS") have mutually agreed to terminate the sales agreement entered into on June 4, 2026 (the "Sales Agreement"), and the related at-the-market ("ATM") offering arrangement, effective on June 14, 2026. The termination of the Sales Agreement and the ATM offering was made by mutual agreement of the parties and was not the result of any disagreement between the Company and ACSS regarding the terms of the Sales Agreement, the Company's operations, financial disclosures, accounting policies, or practices.

NEW YORK, NY / ACCESS Newswire / June 15, 2026 / Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) ("PAVS" or the "Company"), a consumer products and digital commerce solutions company, today announced that it has entered into a non-binding Letter of Intent ("LOI") regarding the proposed acquisition of Jabanero Inc., a holding company of a consumer brand focused on women's activewear and lifestyle products ("Jabanero").