AGM/EGMJun 11, 2026, 04:08 PM
PN Smart Energy Changes Name, Increases Authorized Share Capital
AI Summary
Skycorp Solar Group Ltd (NASDAQ: PN) announced the results of its Extraordinary General Meeting held on June 10, 2026. Shareholders approved a change of the company's name to PN Smart Energy Limited. Additionally, the authorized share capital was increased from US$100,000 to US$1,000,000, and an amended and restated memorandum and articles of association were adopted to reflect these changes.
Key Highlights
- Shareholders approved changing the company name to PN Smart Energy Limited.
- Authorized share capital increased from US$100,000 to US$1,000,000.
- Class A Ordinary Shares increased from 37,500,000 to 430,000,000.
- Class B Ordinary Shares increased from 5,500,000 to 63,000,000.
- Preferred Shares remained at 7,000,000.
- New Memorandum and Articles of Association adopted to reflect changes.
Price Impact
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