AGM/EGMJun 4, 2026, 04:16 PM
Haoxi Health Technology Ltd Shareholders Approve Massive Share Capital Increase
AI Summary
Haoxi Health Technology Ltd held an extraordinary general meeting where shareholders approved a substantial increase in the company's authorized share capital, from US$384,250,000 to US$35,200,000,000,000. The meeting also saw the approval of the Eighth Amended and Restated Memorandum and Articles of Association and a resolution allowing for a share consolidation with a potential ratio of up to 1-for-8,000. Additionally, shareholders approved the adjournment of the meeting if further solicitation of proxies is needed.
Key Highlights
- Haoxi Health Technology Ltd shareholders approved a significant increase in authorized share capital.
- The company's authorized share capital was increased from US$384,250,000 to US$35,200,000,000,000.
- Shareholders approved the adoption of the Eighth Amended and Restated Memorandum and Articles of Association.
- An ordinary resolution to approve a share consolidation, with a ratio between 1-for-2 and 1-for-8,000, was passed.
- The company's 2026 Extraordinary Meeting was approved to be adjourned if necessary.
Price Impact
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