ChowChow Cloud International Holdings Ltd (CHOW) Form 6-K — Sep 15, 2026
ChowChow Cloud International Holdings shareholders approved a 10:1 reverse share split at the September 14, 2026 extraordinary general meeting, with the resolution passing 24,547,673 for to 75,550 against. A consolidation at this ratio is typically a move to cure a depressed share price and maintain exchange listing compliance. The same meeting approved a dual-class share structure: Class A ordinary shares with one vote per share and Class B shares with ten votes per share. Rainbow Sun Enterprises Limited's 2,445,625 shares (about 69% of the 3,549,000 issued pre-split) will be redesignated as Class B, concentrating roughly 96% of total voting power with that single holder.
Key figures
- Egm date
- 2026-09-14
- Par value per share
- US$0.001
- Proposal1 votes for
- 24547673
- Proposal2 votes for
- 24496499
- Proposal4 votes for
- 24531064
- Proposal5 votes for
- 24495913
- Reverse split ratio
- 10:1
- Authorized shares after
- 90,000,000,000,000 Class A + 10,000,000,000,000 Class B (US$100,000,000,000 authorized capital)
- Class b vote multiplier
- 10
- Proposal1 votes against
- 75550
- All six proposals passed
- Yes
- Authorized shares before
- 50,000,000 ordinary shares (US$50,000 authorized capital)
- Rainbow sun shares redesignated class b
- 2445625
- Other holder shares redesignated class a
- 1103375
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