0001213900-26-048198
SEC filingSAIHEAT Limited held an Extraordinary General Meeting on April 24, 2026, to correct typographical errors in its February 2025 amended memorandum and articles of association, formally ratifying the intended 1-for-15 reverse stock split and confirming its authorized share capital structure including 666,666 preference shares.
This 6-K filing documents a corporate governance correction rather than an operational or strategic event. The core purpose was to rectify inadvertent drafting errors in the Company’s constitutional documents following its February 2025 reverse stock split. Specifically, the original Fourth Amended and Restated M&A incorrectly omitted preference shares from the authorized capital table, failed to adjust their par value consistently with the 1-for-15 consolidation, and misstated the adoption date. The April 24, 2026 EGM served as the formal, legally required mechanism under Cayman Islands law to validate and cure those defects via special resolutions. The overwhelming shareholder support — with over 99.9% voting in favor on all proposals — confirms broad alignment on the technical correction and eliminates ambiguity regarding the Company’s valid capital structure. While not altering economic substance (the reverse split had already been implemented), this action ensures legal enforceability of share rights, supports future financing or listing activities, and mitigates potential challenges to board authority or share issuance validity. The adoption of the Fifth Amended and Restated M&A (Exhibit 3.2) now provides a clean, auditable constitutional foundation aligned with the Company’s actual capitalization.