Ridgetech Inc. (RDGT) Form 6-K — Sep 9, 2026
Ridgetech Inc. completed its capital reduction and share subdivision under Cayman Islands law effective September 2, 2026, cutting the par value of each issued ordinary share from US$0.15 to US$0.0001. Shareholders had approved the moves by special resolution at the August 25, 2026 annual general meeting, and the Registrar of Companies of the Cayman Islands confirmed registration on September 7, 2026. Immediately following the capital reduction, each authorized but unissued ordinary share was subdivided into 1,500 new shares, expanding authorized ordinary shares from 240,000,000 to 360,000,000,000 while total authorized share capital stayed at US$36,010,000.
Key figures
- Shares Outstanding
- 3629540
- Effective Date
- 2026-09-02
- Par Value After
- US$0.0001
- Par Value Before
- US$0.15
- Agm Approval Date
- 2026-08-25
- Subdivision Ratio
- 1:1,500 (authorized but unissued shares only)
- Authorized Share Capital
- US$36,010,000 (unchanged)
- Series APreferred Issued
- 100000
- Preferred Shares Authorized
- 10000000
- Registrar Confirmation Date
- 2026-09-07
- Series APreferred Designated
- 2000000
- Authorized Ordinary Shares After
- 360000000000
- Authorized Ordinary Shares Before
- 240000000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.