0001493152-26-023278
SEC filingChijet Motor Company, Inc. filed its Fifth Amended and Restated Memorandum and Articles of Association for Digital Currency X Technology Inc., adopted at the EGM on May 13, 2026, effective upon share capital reduction, reorganization, and increase.
The filing discloses Exhibit 3.1, consisting of the Fifth Amended and Restated Memorandum of Association and Articles of Association of Digital Currency X Technology Inc., adopted via special resolution at an extraordinary general meeting on May 13, 2026. These amendments become effective contingent on the completion of a Share Capital Reduction and Reorganization followed by a Share Capital Increase, as detailed in the EGM minutes. Key changes include establishing authorized share capital of US$300,000 divided into 3,000,000,000 shares at US$0.0001 par value, specifically 2,994,600,000 Class A ordinary shares and 5,400,000 Class B ordinary shares. This structure supports powers to redeem, purchase, increase, reduce, subdivide, or consolidate shares, subject to the Companies Act and Articles. The documents outline standard Cayman Islands provisions on objects, limitations, continuation rights, and definitions for governance, including committees like Audit, Compensation, and Nominating and Corporate Governance. For investors, this signals a significant corporate reorganization impacting share structure and governance, potentially in preparation for listing or capital adjustments, with the company maintaining its registered office in the Cayman Islands.