NIP Group Inc. (NIPG) Form 6-K — Oct 19, 2026
NIP Group (NASDAQ: NIPG) announced that shareholders passed all proposed resolutions at its extraordinary general meeting held in Hong Kong on October 16, 2026. The key resolution increased the company's authorized share capital five-fold, from US$200,000 across 2 billion shares to US$1,000,000 across 10 billion shares, creating over 7 billion additional Class A ordinary shares plus new Class B1 and B2 shares. Shareholders also approved amending and restating the memorandum and articles of association to reflect the increase.
Key figures
- Authorized shares after
- 10000000000
- Authorized shares before
- 2000000000
- New class a shares created
- 7025837052
- New class b1 shares created
- 593326632
- New class b2 shares created
- 380836316
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