Envirotech vehicles obtains stockholder approval for reverse stock split in support of goal to uplist to nasdaq

Corona, ca / accesswire / august 10, 2021 / envirotech vehicles, inc. (otcqb:adom), a provider of new zero-emission, purpose-built electric vehicles (the "company"), announced today that at its annual stockholders' meeting held on august 3, 2021 the stockholders approved by an 85.8% to 14.2% margin an amendment to the company's amended and restated certificate of incorporation to implement a reverse stock split of the outstanding shares of common stock, within a range from 1-for-4 to 1-for-20, with the exact ratio of the reverse split to be determined by the board of directors. no timetable or the exact ratio of a reverse split has been determined at this date.
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