• eLong Power expects approximately $3.26 million in gross proceeds from the exercise of existing warrants under a warrant inducement agreement.
• Investors agreed to exercise warrants for 1,808,803 Class A Ordinary Shares at an amended exercise price of $1.8 per share.
• As an inducement, investors will receive new unregistered warrants for 2,713,204 Class A Ordinary Shares at an exercise price of $2.5 per share.
• The new warrants are immediately exercisable, expiring three years from issuance.
• The warrant exercise transactions are expected to close around November 6, 2026, subject to customary closing conditions.

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. eLong Power Holding Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611051224PRIMZONEFULLFEED9871509) on November 05, 2026, and is solely responsible for the information contained therein.