Corporate ActionAug 11, 2026, 06:36 AM
TJGC Group Announces Share Composition Change & Redesignations
AI Summary
TJGC Group Limited announced that shareholders approved a change in the authorized share composition from six to seven classes, introducing Class A and Class B Ordinary Shares. This corporate action also includes the re-designation of 476,667 ordinary shares to Class B Ordinary Shares for Wei Jinchan and 9,623,356 ordinary shares to Class A Ordinary Shares for other shareholders. These changes will be effective on the Nasdaq Capital Market on August 12, 2026, with Class A Shares continuing to trade under "TJGC".
Key Highlights
- Shareholders approved changing authorized share composition from 6 to 7 classes.
- New classes include Class A Ordinary Shares and Class B Ordinary Shares.
- 476,667 ordinary shares re-designated as Class B Ordinary Shares for Wei Jinchan.
- 9,623,356 ordinary shares re-designated as Class A Ordinary Shares for other shareholders.
- Changes effective on Nasdaq Capital Market on August 12, 2026.
- Class A Shares will continue trading under the "TJGC" symbol.
Price Impact
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