Bit Origin held extraordinary shareholder meeting on name change to Sangrix Inc
Reuters2026/08/12 20:32- Bit Origin held an extraordinary general meeting on Aug. 11, 2026.
- Shareholders passed a special resolution backing a name change to Sangrix Inc.; directors may still decide not to proceed within one year.
- An ordinary resolution authorized an increase in authorized share capital to US$60 million, split across Class A and Class B ordinary shares.
- A special resolution adopted an amended and restated memorandum to reflect the name change and share-capital increase, subject to those approvals.
- Shareholders also authorized a 5-for-1 share consolidation effective Aug. 21, 2026, with related constitutional updates and implementation authority, subject to conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The 10-year U.S. Treasury yield climbs to 4.8%, erasing the dividend advantage of utility stocks; the sector’s rebound depends on interest rate stabilization rather than technical signals.
As U.S. Treasury yields continue to climb, the American utilities sector is experiencing a significant pullback—a rise in yields not only erodes the relative appeal of the sector’s dividends but also raises financing costs for the most capital-intensive industries within this market.
Euro holds gains above 1.1600 despite robust US jobs data, traders eye ECB rate decision
Port of Tauranga wins fast-track approval for Stella Passage development
Crypto prices
More
