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BEIJING, May 18, 2026 /PRNewswire/ -- 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 the closing of its previously announced registered public offering conducted on a best-efforts basis. The Company issued an aggregate of 4,615,500 units (each, a "Unit") at an offering price of US$1.30 per Unit (the "Offering").

Elong Power Holding Limited Announces Pricing of US$6.0 Million Public Offering PR Newswire BEIJING, May 15, 202

BEIJING, May 15, 2026 /PRNewswire/ -- 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 the pricing of its registered offering of 4,615,500 units (each, a "Unit"), on a best efforts basis, at an offering price of US$1.30 per Unit (the "Offering"). Each Unit consists of one Class A ordinary share of the Company (or pre-funded warrant in lieu thereof), with a par value of US$0.0128 per share, and one common warrant to purchase one Class A ordinary share of the Company (the "Common Warrant").

Mistras Group (NYSE: MG - Get Free Report) and Elong Power (NASDAQ: ELPW - Get Free Report) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, profitability, dividends, valuation, analyst recommendations, institutional ownership and risk. Analyst Ratings This is a

eLong Power Holding shares surged 45.13% in after-hours trading Thursday to $5.21 following the company's 80-for-1 reverse stock split.
