iTonic Holdings Ltd (ITOC) Form 6-K — Sep 10, 2026
Shareholders of iTonic Holdings Ltd approved a share consolidation at an extraordinary general meeting held September 9, 2026, converting every 16 existing Class A and Class B ordinary shares into one share, effective 12:01 a.m. Eastern Time on October 6, 2026. Approximately 92.12% of the company's 117,050,000 outstanding voting shares were present at the virtual meeting, constituting a quorum. Immediately after the consolidation takes effect, the company's authorized share capital rises from US$50,000 to US$800,000, creating 375,000,000 additional Class A shares and 93,750,000 additional Class B shares at the new US$0.0016 par value.
Key figures
- Egm date
- 2026-09-09
- Record date
- 2026-08-19
- Effective date
- 2026-10-06
- Par value after
- US$0.0016
- Par value before
- US$0.0001
- Reverse split ratio
- 1:16
- Quorum percent of votes
- 92.12
- Shares present at meeting
- 107830666
- Additional class a authorized
- 375000000
- Additional class b authorized
- 93750000
- Authorized share capital after
- US$800,000
- Authorized share capital before
- US$50,000
- Shares outstanding pre consolidation
- 117050000
- Class a shares outstanding pre consolidation
- 109382000
- Class b shares outstanding pre consolidation
- 7668000
AI analysis
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