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Ridgetech Inc.
Ridgetech completed a capital reduction and share subdivision effective September 2, 2026. The par value of ordinary shares was reduced from $0.15 to $0.0001, and unissued shares were subdivided at a 1,500-for-1 ratio. Following these actions, the company has 3,629,540 ordinary shares and 100,000 preferred shares issued and fully paid.…more
Ridgetech Inc.
Ridgetech approved the Sixth Amended and Restated Memorandum and Articles of Association at the annual general meeting on August 25, 2026, and filed it with the Cayman Islands General Registry on August 27, 2026. The amendments establish the creation of Series A Preferred Shares and revise the quorum requirement for general meetings to one-third (33-1/3%) of the voting power.…more
Ridgetech Inc.
Ridgetech held its annual general meeting on August 25, 2026, where shareholders approved all seven proposals, including the election of directors, appointment of auditors, and amendments to the articles of association. Notably, the company confirmed a capital reduction to lower the par value from $0.15 to $0.0001 per share and authorized the board to implement a reverse stock split of up to 1-for-200 to comply with Nasdaq listing rules.…more
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