Paranovus Entertainment Technology Announces 1-For-100 Reverse Stock Split, Effective June 29

Paranovus Entertainment Technology Ltd. - Class A Ordinary Shares

Paranovus Entertainment Technology Ltd. - Class A Ordinary Shares

PAVS

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Paranovus Entertainment Technology Limited (NASDAQ:PAVS) ("we" or the "Company"), today announced that it will effect a reverse share split of its outstanding Class A ordinary shares, par value $0.000012 per share (the "Class A Ordinary Shares"), at a ratio of 1-for-100.

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