NIP Group Inc. (NIPG) Form 6-K — Sep 17, 2026
NIP Group Inc. furnished a 6-K containing its tenth amended and restated memorandum and articles of association, which formalize a weighted voting rights structure: Class A ordinary shares carry one vote per share, while Class B1 and Class B2 ordinary shares each carry 20 votes per share. Under the articles, when a Special Resolution is considered, Class B shares in aggregate control 67% of total voting power, and Class B shares convert 1-for-1 into Class A shares automatically if a holder's stake falls below 2% of issued shares or upon transfer to non-affiliates.
Key figures
- Egm date
- October 16, 2026 (Hong Kong, with Zoom access)
- Egm quorum
- one or more holders representing not less than one-third of all votes attaching to issued and outstanding shares entitled to vote
- Egm record date
- September 17, 2026
- Par value per share
- US$0.0001
- Weighted voting right
- Class B Shares exercise 67% of aggregate voting power at meetings considering Special Resolutions
- Class A votes per share
- 1
- Class B votes per share
- 20
- Proxy submission deadline
- 8:00 PM Hong Kong time, October 14, 2026
- Class B auto conversion threshold
- automatic conversion if a holder holds less than 2% of issued Shares
- Class B to class A conversion ratio
- 1:1
- Unclaimed dividend forfeiture period
- 3 years
- Untraced share sale inactivity period
- 6 years
AI analysis
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