YSX Tech Co., Ltd (YSXT) Form 6-K — Oct 2, 2026
YSX Tech Co., Ltd has filed a 6-K soliciting shareholder approval at an Extraordinary General Meeting on October 19, 2026, to increase its authorized share capital from US$50,000 (470 million Class A and 30 million Class B shares) to US$220,000,000 (2 trillion Class A and 200 billion Class B shares of US$0.0001 par value). The company says the increase provides flexibility for future capital raising, strategic transactions, and equity compensation, and notes no shares will be issued immediately, so there is no immediate dilutive effect.
Key figures
- Egm date
- October 19, 2026
- Par value
- US$0.0001
- Current class a authorized
- 470,000,000
- Current class b authorized
- 30,000,000
- New class a shares created
- 1,999,530,000,000
- New class b shares created
- 199,970,000,000
- Proposed class a authorized
- 2,000,000,000,000
- Proposed class b authorized
- 200,000,000,000
- Current authorized capital usd
- 50000
- Proposed authorized capital usd
- 220,000,000
AI analysis
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