Corporate ActionJul 7, 2026, 04:27 PM
Lakeside Holding Increases Authorized Shares, Authorizes Preferred Stock
AI Summary
Lakeside Holding Limited filed a Certificate of Amendment to its articles of incorporation on July 2, 2026. This amendment increases the number of authorized common stock from 200,000,000 to 2,000,000,000 shares. Additionally, the company is now authorized to issue up to 1,000,000,000 shares of blank check preferred stock, which the board can designate without a shareholder vote. The amendment was previously approved by shareholders on February 12, 2026, and no preferred stock has been designated yet.
Key Highlights
- Authorized common stock increased from 200,000,000 to 2,000,000,000 shares.
- Authorized issuance of up to 1,000,000,000 shares of blank check preferred stock.
- Board of directors can designate preferred stock series without shareholder vote.
- Amendment to articles of incorporation filed with Nevada Secretary of State on July 2, 2026.
- Shareholders approved the amendment on February 12, 2026.
- No series of preferred stock has been designated as of the filing date.
Price Impact
More from LSH