Corporate ActionNov 5, 2026, 08:41 AM
Axonex AI Group Changes Authorized Shares to Unlimited
AI Summary
Axonex AI Group Limited announced a significant corporate action by changing its authorized share structure. The company's board approved increasing the maximum number of authorized shares from 112,000,000 to an unlimited number, comprising unlimited Class A and Class B ordinary shares. This change was formalized through the adoption of a Sixth Amended and Restated Memorandum and Articles of Association, which has been filed and became effective in the British Virgin Islands.
Key Highlights
- Axonex AI Group Limited changed its authorized shares from 112,000,000 to an unlimited number.
- The change includes unlimited Class A and Class B ordinary shares.
- The company adopted a Sixth Amended and Restated Memorandum and Articles of Association reflecting this change.
- The Sixth Amended M&A was filed with the Registrar of Corporate Affairs of the British Virgin Islands and became effective on November 4, 2026.
Price Impact
More from MIMI