DDC Enterprise Ltd (DDC) Form 6-K — Jun 9, 2026
DDC Enterprise Limited is holding a virtual Annual General Meeting and Class A Meeting on June 29, 2026, to seek shareholder approval for a reverse stock split of its Class A shares on a ratio ranging from no split up to 1:10. The board cites proposed NYSE American listing rules that would immediately delist securities trading below $0.25 without a cure period as the primary driver for this authorization, noting a previous 1:25 reverse split in April 2025. The filing also proposes a significant governance change to increase the voting rights of Class B ordinary shares, held by founder and CEO Norma Ka Yin Chu, from 10 votes per share to 100 votes per share.
Key figures
- Shares Outstanding
- 47,511,029 Class A; 1,750,000 Class B
- Auditor fees 2026
- $430,000
- Previous reverse split
- 1:25 (effective April 21, 2025)
- Reverse split ratio max
- 1:10
- Current voting rights class b
- 10 votes per share
- Proposed voting rights class b
- 100 votes per share
AI analysis
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