Paranovus Entertainment Technology Ltd. (PAVS)

US — Consumer Defensive Sector
Peers: FARM  BOF  IMG  COOT  NCRA  YQ  WYHG  LSF  RYET  BNKK 

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News

Paranovus Entertainment Technology Limited Announces 1-For-12 Reverse Share Split
PAVS
Published: March 27, 2026 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 27, 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 $0.000001 per share (the "Class A Ordinary Shares"), at a ratio of 1-for-12. 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 March 31, 2026.

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Paranovus Entertainment Technology Limited Announces Pricing of $5 Million Registered Direct Offering At-The-Market Under NASDAQ Rules
PAVS
Published: March 24, 2026 by: PRNewsWire
Sentiment: Neutral

NEW YORK, March 24, 2026 /PRNewswire/ -- Paranovus Entertainment Technology Limited (NASDAQ: PAVS) today announced that it has entered into a definitive agreement with a single institutional investor for a registered direct offering priced at-the-market under Nasdaq Rules of an aggregate of 14,285,715 Class A ordinary shares (or Class A ordinary share equivalents in lieu thereof) at a purchase price of $0.35 per share. The gross proceeds to the Company from the offering are expected to be approximately $5 million, before deducting placement agent commissions and other offering expenses.

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image for news Paranovus Entertainment Technology Limited Announces Pricing of $5 Million Registered Direct Offering At-The-Market Under NASDAQ Rules
Paranovus Entertainment Technology Limited Announces 1-For-100 Reverse Share Split
PAVS
Published: December 16, 2025 by: PRNewsWire
Sentiment: Neutral

NEW YORK , Dec. 16, 2025 /PRNewswire/ -- Paranovus Entertainment Technology Limited (NASDAQ: PAVS), today announced that it will effect a reverse share split of its outstanding Class A ordinary shares, par value $0.01 per share (the "Class A Ordinary Shares"), at a ratio of 1-for-100, to be effective at the open of business on Thursday, December 18, 2025. 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 Thursday, December 18, 2025.

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image for news Paranovus Entertainment Technology Limited Announces 1-For-100 Reverse Share Split

About Paranovus Entertainment Technology Ltd. (PAVS)

  • IPO Date 2019-10-25
  • Website https://pavs.ai
  • Industry Packaged Foods
  • CEO Xiaoyue Zhang
  • Employees 28

Paranovus Entertainment Technology Ltd. operates in the artificial intelligence (AI)-powered entertainment industry. The company focuses on providing AI-driven games and applications. The company was formerly known as Happiness Development Group Limited and changed its name to Paranovus Entertainment Technology Ltd. in March 2023. Paranovus Entertainment Technology Ltd. was founded in 2004 and is based in New York, New York.