GreenVector Holdings Details Share Reclassification, Issuances
GreenVector Holdings Ltd. filed an amendment to its F-1 registration statement, detailing its corporate structure and recent securities issuances. The company was incorporated in June 2025, followed by a significant reclassification of its share capital in July 2025 into 450 million Class A Ordinary Shares (1 vote) and 50 million Class B Ordinary Shares (20 votes). Subsequently, 10 million Class A shares were issued to beneficial owners of TioStone Holdings, and 998,000 Class B shares were issued to key executives Dixon Chun Wan Chan and Terence Chee-Ho Wong as part of a reorganization making GreenVector the ultimate holding company. The filing also outlines indemnification agreements for directors and officers and standard SEC undertakings.
Key Highlights
- Company incorporated on June 16, 2025, in the Cayman Islands with initial share issuances.
- Share capital reclassified on July 2, 2025, into Class A and Class B Ordinary Shares.
- Authorized share capital is US$50,000, comprising 500,000,000 shares (US$0.0001 par value).
- 450,000,000 Class A shares (1 vote/share) and 50,000,000 Class B shares (20 votes/share).
- 10,000,000 Class A shares issued to TioStone Holdings' beneficial owners on September 5, 2025.
- 998,000 Class B shares issued to Dixon Chun Wan Chan and Terence Chee-Ho Wong.
- GreenVector Holdings became the ultimate holding company of the Group after reorganization.
- Company intends to enter into indemnification agreements with directors and officers.
Price Impact
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