Li Bang International extraordinary shareholder meeting adjourned on initial quorum shortfall

Bitget2026/09/23 02:00

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Li Bang International held an extraordinary general meeting on Sept. 22, 2026; shareholders adopted all resolutions put to a vote.
Authorized share capital increase was adopted, lifting it to USD 7 million with 3,150,000,000 Class A shares and 350,000,000 Class B shares.
A share capital reorganization was adopted, cutting par value to USD 0.00001 with a 200-for-1 subdivision of authorized but unissued shares.
Cancellation step was adopted, resetting authorized capital to USD 35,000 while keeping 3,150,000,000 Class A shares and 350,000,000 Class B shares.
Shareholders adopted a new memorandum, backed a planned migration to the British Virgin Islands, and authorized filings and actions to execute it.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Li Bang International Corporation Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609222200PRIMZONEFULLFEED9832140) on September 23, 2026, and is solely responsible for the information contained therein.

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.

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Li Bang International extraordinary shareholder meeting adjourned on initial quorum shortfall

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