Elong Power Holding Limited Enters into Approximately $3.26 Million Warrant Inducement
Elong Power Holding Limited (NASDAQ:ELPW) ("Elong Power" or the "Company"), a comprehensive provider dedicated to the R&D, sales and scenario-oriented system solutions of lithium-ion battery energy storage systems, today announced it has entered into a warrant inducement agreement with certain existing institutional investors for the immediate exercise of certain outstanding Ordinary Shares Purchase Warrants previously issued by the Company including (i) ordinary shares purchase warrants on May 18, 2026, pursuant to a securities purchase agreement dated May 15, 2026 (the "May 2026 Warrants"), (ii) ordinary shares purchase warrants on July 13, 2026