Wavelock Holdings Co Ltd
Notice of Resolution to Approve Stock Consolidation, Abolition of Standard Trading Unit, and Partial Amendments to the Articles of Incorporation
Share consolidation of 819,100 shares into 1 share. After the consolidation, the outstanding shares will be 10, issued shares total 10? Wait: need exact: 8,445,115 to 10. Issue authorized shares to 40. Consolidation date: June 18 general meeting, delisting July 9, effective date July 13. After consolidation, abolition of odd-lot shares and amendment of articles of association implemented.
Key Figures
- Consolidation ratio: 819,100 shares into 1 share
- Outstanding shares (effective date): 10 shares
- Authorized shares: 40 shares
AI要約
Overview of the Share Consolidation
The company will execute a share consolidation, merging 819,100 shares into 1 share. Post-consolidation, outstanding shares will be 10 shares and authorized shares 40 shares, and the company will abolish the minimum trading unit. Pre- and post-consolidation shareholder composition will consist of continuing shareholders only, with cash payments to settle fractional shares.
Articles of Incorporation Changes and Schedule Going Forward
In line with the effective date of the share consolidation, several provisions of the current Articles of Incorporation will be deleted or amended. This includes abolition of the trading unit, modification of the authorized share capital, record date for the annual general meeting, and elimination of the electronic provision of shareholder meeting materials. The changes are planned to take effect on July 13, 2026.
Waveblock Holdings Corporation
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