AGM/EGMNov 12, 2026, 04:32 PM
Gamehaus Holdings Announces EGM for Share Consolidation
AI Summary
Gamehaus Holdings Inc. has announced an Extraordinary General Meeting (EGM) to be held on November 27, 2026. The primary purpose of the EGM is to vote on a proposed 1-for-10 reverse stock split (share consolidation) aimed at regaining compliance with Nasdaq's minimum bid price requirement. The meeting will also consider proposals related to future share consolidations and amendments to the company's articles of association. The Board of Directors unanimously recommends that shareholders vote in favor of all proposals.
Key Highlights
- Gamehaus Holdings Inc. to hold Extraordinary General Meeting (EGM) on November 27, 2026.
- Proposing a 1-for-10 reverse stock split to regain compliance with Nasdaq's minimum bid price requirement.
- The EGM will consider proposals for a present share consolidation, future share consolidations, and amendments to articles of association.
- The board unanimously recommends shareholders vote FOR all proposals.
- Record date for voting eligibility is November 4, 2026.
- Class B Ordinary Shares carry 50 votes each, while Class A Ordinary Shares carry 1 vote each.
Price Impact
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