E-Home Household Service Holdings Ltd (EJH) Form 6-K — Jul 24, 2026
Shareholders approved a capital reorganization that reduces the par value of ordinary shares from $1.25 to $0.00001 and subdivides authorized shares at a ratio of 1-to-125,000. The credit generated from this capital reduction will be used to offset the company's accumulated losses, with any remaining balance transferred to a distributable reserve account. In a separate vote, shareholders authorized an amendment to the 2025 Omnibus Equity Plan to increase the share reserve by 15,000,000 shares. The amendment also introduces an 'evergreen' provision allowing for annual increases of up to 20% of the company's outstanding ordinary shares through 2034.
Key figures
- Par Value New
- $0.00001
- Par Value Old
- $1.25
- Subdivision Ratio
- 1:125,000
- Equity Plan Increase
- 15,000,000
- Evergreen Provision
- 20% of outstanding shares
- Authorized Shares New
- 100,000,000,000,000
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