AGM/EGMJul 23, 2026, 11:07 AM
Chaince Digital to hold AGM, proposes share capital increase, reverse split
AI Summary
Chaince Digital Holdings Inc. announced its Board of Directors approved the convening of the 2026 Annual General Meeting of Shareholders (AGM) on August 24, 2026. Shareholders will vote on several key proposals, including the election and re-election of directors, the ratification of the independent auditor, an increase in authorized share capital, and the authorization for the Board to effect reverse stock splits. The Board unanimously recommends voting "FOR" all proposals.
Key Highlights
- Annual General Meeting (AGM) scheduled for August 24, 2026, at 10:00 a.m. ET.
- Shareholders to vote on the election or re-election of five directors.
- Proposal to ratify Tang Qian & Associates PLLC as the independent auditor for 2026.
- Proposal to increase authorized share capital from $4,000,000 to $80,000,000.
- Proposal to authorize Board to effect reverse stock splits at ratios from 2:1 to 200:1.
- Record date for voting is July 14, 2026, with 79,443,800 Ordinary Shares outstanding.
Price Impact
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