09:47 AM EST - Electrovaya, Inc. : Intends to proceed with a reverse split of its issued and outstanding common stock at a ratio of one consolidated for five pre-consolidated shares. The Company is initiating the reverse stock split in connection with its intention to meet the minimum bid price requirement and list the Company's common stock for trading on the Nasdaq Capital Market. The Company is working towards meeting all applicable listing standards. Electrovaya, Inc.
shares T.EFL are trading down $0.01 at $0.91.
