Baosheng Media Announces Indefinite Postponement of Extraordinary General Meeting
Baosheng Media has indefinitely delayed its September 4, 2026 extraordinary general meeting and will disregard any proxies already submitted.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Baosheng Media Group (BAOS)/b) has indefinitely postponed its extraordinary general meeting of shareholders that was originally scheduled for September 4, 2026.The board approved the postponement by written resolutions dated September 1, 2026. Any proxy cards already submitted for the postponed meeting will be disregarded. The company plans to announce the new meeting date, time, location, record date, voting procedures and materials in line with applicable laws and its governing documents.
Details
News Market Reaction – BAOS
On Sep 3, the first trading day after this news, BAOS closed 0.53% below the previous close. Argus tracked a peak move of +6.7% during that session. Our momentum scanner recorded 9 alerts for this stock that day.
Data tracked by StockTitan Argus for the Sep 3 session.
Key Figures
- Board resolution date
- September 1, 2026
- Approval to postpone the EGM
- Original EGM date
- September 4, 2026
- Previously scheduled extraordinary general meeting
- Beijing meeting time
- 10:00 p.m. Beijing Time
- Original EGM schedule
- U.S. meeting time
- 10:00 a.m. U.S. Eastern Time
- Original EGM schedule
Historical Context
-
AI cooperation framework carried no assurance of specific projects or revenue
-
Non-binding AI and local-services memorandum anticipated future definitive agreements
-
Non-binding proposal covered a 40% equity interest and due diligence
-
Non-binding cultural-tourism collaboration lacked budgets and revenue commitments
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
proxy cards financial
record date regulatory
written resolutions regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
BEIJING, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Baosheng Media Group Holdings Limited (NASDAQ: BAOS) (“Baosheng Group” or the “Company”) today announced that its board of directors (the “Board”) has unanimously approved, by written resolutions dated September 1, 2026, to postpone the Company’s extraordinary general meeting of shareholders previously scheduled for September 4, 2026 (the “EGM”) indefinitely.
The EGM had been scheduled to be held on September 4, 2026 at 10:00 p.m. Beijing Time (10:00 a.m. U.S. Eastern Time) at East Floor 5, Building No. 8, Xishanhui, Shijingshan District, Beijing 100041, the People’s Republic of China.
As a result of the postponement of the EGM, any proxy cards previously submitted to the Company in connection with the EGM will be disregarded. Shareholders should not rely on proxy instructions submitted in respect of the EGM originally scheduled for September 4, 2026.
The Company will provide further information regarding any rescheduled EGM, including the date, time, location, applicable record date, voting procedures and relevant shareholder materials, in accordance with applicable law, the Company’s memorandum and articles of association and applicable regulatory requirements.
About Baosheng Media Group Holdings Limited (NASDAQ: BAOS)
Baosheng Group is a native performance-marketing solutions provider focused on short-form video and social-media platforms. The Company is continuing its transition toward an AI-powered short-form video marketing technology platform.
Through its proposed BAOS-AI platform, the Company is developing core capabilities in content generation, intelligent media placement, digital-human livestreaming, intelligent user insights, and AI-enabled overseas marketing. Baosheng Group aims to establish itself as a differentiated, vertically focused AI marketing technology company for short-form video within the U.S. public-equity market.
Celestia Investor Relations Dave Leung Email: investors@celestiair.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Baosheng Media Group (BAOS) announce about its extraordinary general meeting?
Baosheng Media Group announced that its board of directors has unanimously approved the indefinite postponement of the extraordinary general meeting of shareholders that was scheduled for September 4, 2026. The company will provide details of any rescheduled meeting at a later time.
What happens to previously submitted proxy cards for the Baosheng Media (BAOS) EGM?
As a result of the indefinite postponement of the extraordinary general meeting, any proxy cards previously submitted in connection with the meeting scheduled for September 4, 2026 will be disregarded. Shareholders are advised not to rely on those earlier proxy instructions.
Will Baosheng Media (BAOS) announce a new date for the extraordinary general meeting?
Yes. The company stated it will provide further information on any rescheduled extraordinary general meeting, including the new date, time, location, record date, voting procedures and shareholder materials, in accordance with applicable law, its memorandum and articles, and regulatory requirements.