AGM/EGMApr 23, 2026, 11:32 PM
Texxon to Hold 2026 AGM; Proposes Share Split/Consolidation
AI Summary
Texxon Holding Ltd announced its 2026 Annual General Meeting (AGM) will be held virtually on May 22, 2026, Beijing time, with April 23, 2026, as the record date. Shareholders will vote on several proposals, including the re-appointment of five directors, approval of the 2026 Equity Incentive Plan, and ratification of ZH CPA, LLC as the independent auditor. Significantly, shareholders will also consider proposals for a potential share sub-division (split) at a ratio of 1-to-1 to 1-to-5 and a share consolidation (reverse split) at a ratio of 1-to-1 to 20-to-1, with the final ratio to be determined by the Board within one year of approval.
Key Highlights
- 2026 AGM scheduled for May 22, 2026, virtually.
- Record date for voting is April 23, 2026.
- Proposals include re-appointing 5 directors.
- Shareholders to vote on 2026 Equity Incentive Plan.
- Proposals for share split (1:1 to 1:5) and consolidation (1:1 to 20:1).