Research analysts covering Paranovus Entertainment Technology.
Recent press releases and 8-K filings for PAVS.
Paranovus Entertainment Technology Ltd. Schedules Extraordinary Meeting for Capital Restructuring and Share Consolidation
PAVS
Accounting Changes
Delisting/Listing Issues
Proxy Vote Outcomes
- Paranovus Entertainment Technology Limited (PAVS) will hold an Extraordinary General Meeting on February 18, 2026, to vote on three proposals related to its share capital.
- The first proposal is a Capital Reduction, which seeks to decrease the par value of each authorized share from US $1.00 to US $0.000001 at a one million-to-one ratio, without altering the number of shares or affecting proportionate ownership.
- The second proposal is a Capital Increase, aiming to create an additional 49,000,000 Class B ordinary shares with a par value of US $0.000001, conditional on the Capital Reduction's approval.
- The third proposal is a Share Consolidation (reverse stock split) at an aggregate exchange ratio of up to one-for-five thousand (1:5,000) within two years, intended to improve marketability and liquidity of Class A Ordinary Shares.
- The Board of Directors recommends a "FOR" vote for all three proposals.
Jan 22, 2026, 10:25 PM
Paranovus Entertainment Technology Ltd. Announces Affiliate Share Purchase
PAVS
- Paranovus Entertainment Technology Ltd. entered into a Securities Purchase Agreement on January 9, 2026, with Happy Group Inc., an affiliate wholly owned by the Company's Chairwoman, Minzhu Xu.
- Under the agreement, Happy Group Inc. subscribed for and purchased 40,000 Class B ordinary shares at a price of US$3.09 per share, resulting in gross proceeds of $123,600 for the Company.
- The purchase price of US$3.09 per share represented 150% of the closing price of the Class A ordinary shares as of January 8, 2026.
- The transaction closed on January 13, 2026, and following this, Minzhu Xu, through Happy Group Inc., beneficially owns 400,000 Class A Ordinary Shares and 46,023 Class B Ordinary Shares, which represents approximately 56.77% of the aggregate voting power of the Company's outstanding Ordinary Shares.
Jan 13, 2026, 9:15 PM
PAVS Reports Substantial Revenue and Profit Growth for H1 2025
PAVS
Earnings
Revenue Acceleration/Inflection
M&A
- Paranovus Entertainment Technology Limited (PAVS) reported total revenue of $12,413,039 for the six months ended September 30, 2025, marking approximately 18,037% year-over-year growth.
- The company achieved a net profit of $97,708 for the interim period, a significant improvement from a net loss of ($412,181) in the prior-year period.
- Gross profit increased to $2.48 million for the six months ended September 30, 2025, compared to $9,276 in 2024.
- This performance was primarily driven by its U.S. subsidiaries in e-commerce product sales and TikTok-related e-commerce solution services, following a strategic transformation that included the acquisition of Bomie Wookoo Inc. in March 2025 and the exit of legacy businesses.
Dec 5, 2025, 1:45 PM
Paranovus Entertainment Technology Ltd. Reports Q2 2026 Financials, Strategic Shift, and Capital Raise
PAVS
Earnings
M&A
Revenue Acceleration/Inflection
- Revenues increased significantly to $12,413,039 for the six months ended September 30, 2025, up from $68,454 for the same period in 2024, primarily due to the acquisition of Bomie Wookoo Inc..
- The company completed a strategic shift by acquiring a 51% equity interest in Bomie Wookoo Inc. in March 2025, focusing on e-commerce, and divesting its automobile sales business in July 2024.
- Operating loss decreased to $(627,590) for the six months ended September 30, 2025, from $(1,156,737) in the prior year, and the net loss attributable to the company also reduced to $(680,952) from $(1,765,866).
- To address going concern doubts, the company initiated an at-the-market (ATM) offering on October 28, 2025, selling 156,880,455 Class A Ordinary Shares for gross proceeds of $9,655,012.471 as of December 3, 2025.
Dec 5, 2025, 1:31 PM
Paranovus Entertainment Technology Ltd. Proposes Significant Increase in Class B Share Voting Rights
PAVS
- Paranovus Entertainment Technology Ltd. is holding an Extraordinary General Meeting (EGM) for Class B shareholders to vote on an amendment to its Articles of Association.
- The proposed amendment seeks to increase the voting rights of each Class B ordinary share from twenty (20) votes to eighty (80) votes per share.
- If approved, this "Change of Voting Power" will dilute the voting rights of Class A Ordinary Shares.
- The Board of Directors recommends a "FOR" vote for the amendment, stating it will offer Class B holders greater control over corporate actions and enhance management's ability to focus on long-term goals.
- Chairman of the Board, Ms. Minzhu Xu, who beneficially owns 602,255 Class B Ordinary Shares, would see her total voting power increase to 41.99% if the proposal is approved.
Nov 25, 2025, 11:07 AM
Paranovus Entertainment Technology Ltd. Schedules EGM for Share Consolidation and Voting Power Change
PAVS
Delisting/Listing Issues
Proxy Vote Outcomes
- Paranovus Entertainment Technology Limited (PAVS) will hold an Extraordinary General Meeting (EGM) on November 26, 2025, to vote on three key proposals.
- Shareholders will vote on a proposal to amend the company's articles of association to increase the voting rights of Class B ordinary shares from twenty (20) votes to eighty (80) votes per share. If approved, this would significantly increase Chairman Ms. Minzhu Xu's voting power from 15.76% to 41.99%.
- Another proposal seeks approval for a reverse share split (share consolidation) with an exchange ratio of up to one-for-five thousand (1:5,000), primarily to regain compliance with Nasdaq's minimum bid price requirement of US$1.00 by January 7, 2026.
- The EGM will also consider increasing the authorized share capital from USD 5,000,000 to a range between $63,500,000,000 and $167,496,500,000, conditional on the first share consolidation.
Nov 10, 2025, 10:25 PM
Paranovus Entertainment Technology Ltd. Enters At-The-Market Offering Agreement
PAVS
- Paranovus Entertainment Technology Limited (PAVS) entered into a sales agreement with A.G.P/Alliance Global Partners on October 28, 2025, for an at-the-market (ATM) offering.
- Under this agreement, PAVS can issue and sell up to $100,000,000 of its Class A ordinary shares.
- A.G.P/Alliance Global Partners will act as the sales agent and/or principal for the offering.
- The commission payable to the Sales Agent for sales where it acts as sales agent will be 3.5% of the gross proceeds.
Oct 28, 2025, 11:00 PM
Paranovus Entertainment Technology Ltd. Issues New Promissory Note and Extends Maturity of Existing Notes
PAVS
Debt Issuance
- Paranovus Entertainment Technology Limited issued a new unsecured 8% promissory note with a principal amount of $250,000 to Ms. Minzhu Xu, chairperson of the board, on September 18, 2025. The note matures in 12 months and the proceeds will be used for general working capital.
- On the same date, the company also amended and restated existing unsecured promissory notes from Ms. Xu (aggregate principal amount of $1,700,000) and Mr. Guangrong Ao (aggregate principal amount of $2,250,000).
- The maturity dates for these existing notes were extended to March 31, 2026.
Sep 22, 2025, 9:10 PM
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