JIADE Limited shareholders approved a 25:1 share consolidation at the extraordinary general meeting on March 11, 2026, reducing authorized ordinary shares from 500,000,000 at US$0.0001 par value to 20,000,000 at US$0.0025 par value while maintaining total authorized capital at US$50,000.
Key takeaways
Extraordinary general meeting held March 11, 2026 at 9:30 a.m. ET
Share Consolidation approved: every 25 Class A, Class B ordinary, and preference shares consolidated into one share each
Authorized capital changes from 500,000,000 shares (395M Class A, 75M Class B, 30M preference) at US$0.0001 to 20,000,000 shares (15.8M Class A, 3M Class B, 1.2M preference) at US$0.0025
53,480,116 votes present (61.52% of votes as of February 23, 2026 record date)
Votes on Share Consolidation: 53,070,205 For, 401,789 Against, 8,122 Abstain