Lucas GC Ltd (LGCL) Form 6-K — Oct 6, 2026
Lucas GC Limited shareholders approved all proposals at the October 2, 2026 extraordinary general meeting, including ratification of a 125-for-1 share consolidation effective September 1, 2026. The meeting was attended by holders representing approximately 61.3% of total voting power. The company also pre-approved a tiered further share consolidation regime: if the Class A share price closes below $1.00 for twenty consecutive trading days, shares will be consolidated at ratios of 10-to-1, 20-to-1, or 50-to-1 depending on the price band, with an accelerated 80-to-1 ratio if the price falls below $0.10 for five consecutive days.
Key figures
- Votes present pct
- 61.3%
- Reverse split ratio
- 125:1
- Price trigger threshold
- $1.00
- Further consolidation ratios
- ["10:1","20:1","50:1","80:1"]
- Par value after restructuring
- US$0.00001
- Authorized shares after restructuring
- 50000000000
AI analysis
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