Ridgetech held annual shareholder meeting, approved director slate
Reuters2026/08/28 21:04- Ridgetech held its annual general meeting on Aug. 25, 2026, passing all resolutions put to shareholders.
- Shareholders backed the appointment of YCM CPA as independent registered public accounting firm for the fiscal year ending March 31, 2027.
- Adoption of amended and restated memorandum and articles was authorized to reflect the Series A Preferred Shares and a revised quorum threshold.
- A capital reduction was authorized to cut ordinary-share par value from US$ 0.15 to US$ 0.0001, with a related share subdivision.
- The board was authorized to implement one reverse split, from 1-for-20 to 1-for-200, with further charter amendments authorized to reflect it.
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