Corporate ActionJul 21, 2026, 04:07 PM
TryHard Holdings Shareholders Approve 1-for-10 Share Consolidation
AI Summary
TryHard Holdings Limited announced that its shareholders approved a 1-for-10 share consolidation at an Extraordinary General Meeting held on July 21, 2026. This corporate action will consolidate both issued and unissued Ordinary Shares and Series A Preferred Shares, increasing their par value and reducing the total number of authorized shares. The resolution passed with overwhelming support, with 99.34% of votes cast in favor.
Key Highlights
- Shareholders approved a 1-for-10 share consolidation for Ordinary and Series A Preferred Shares.
- The authorized share capital will be reduced from 25 billion shares to 2.5 billion shares.
- The par value of each share will increase from US$0.00002 to US$0.0002.
- Total votes FOR the resolution were 99.34%, AGAINST 0.66%, and ABSTAIN <0.01%.
- 38,770,010 Class A Ordinary Shares and 2,000,000 Series A Preferred Shares were present, constituting a quorum.
- The record date for voting was July 6, 2026.
Price Impact
More from THH