ICZOOM Group Inc. Announces Change to Extraordinary General Meeting Schedule

Rhea-AI Summary

ICZOOM Group (Nasdaq: IZM) has postponed its previously scheduled extraordinary general meeting from February 27, 2026 to May 29, 2026. The board set a new record date of May 1, 2026 for shareholders entitled to notice and voting.

The board said the change was due to the upcoming Chinese New Year holiday and the need to focus management resources on preparing interim financial statements. The company will issue updated notice of meeting and proxy materials in due course and advised that prior EGM schedule information dated December 23, 2025 should no longer be relied upon.

Key Figures

Original EGM date: February 27, 2026 New EGM date: May 29, 2026 Record date: May 1, 2026

3 metrics

Original EGM date February 27, 2026 Previously scheduled extraordinary general meeting date

New EGM date May 29, 2026 Postponed extraordinary general meeting date

Record date May 1, 2026 Shareholders entitled to receive notice and vote at EGM

Market Reality Check

Price: $1.35 Vol: Volume 39,505 is 0.42x th...

low vol

$1.35 Last Close

Volume Volume 39,505 is 0.42x the 20-day average of 94,589, indicating subdued activity before this governance update. low

Technical Shares closed at 1.35, trading below the 200-day MA of 2.07 and about 50.73% under the 52-week high.

Peers on Argus

Momentum data flags a mixed picture: one peer in the scanner moved up 4.48% whil...

1 Up 1 Down

Momentum data flags a mixed picture: one peer in the scanner moved up 4.48% while another fell 11.78%. With peers split between gains and losses and sector_momentum marked false, IZM’s move around this EGM rescheduling appears stock-specific rather than part of a broad Technology/Electronics & Computer Distribution rotation.

Historical Context

4 past events · Latest: Dec 23 (Neutral)

Pattern 4 events

Date	Event	Sentiment	Move	Catalyst
Dec 23	EGM announcement	Neutral	+12.5%	Called EGM in response to shareholder requisition on board and management.
Nov 12	Leadership change	Neutral	-20.9%	Appointed new Chief Strategy Officer and director; COO stepped down.
Aug 28	Service launch	Positive	-1.2%	Announced PCB manufacturing and SMT assembly services at IIC Shenzhen 2025.
Aug 28	Correction notice	Positive	-1.2%	Corrected details of PCB and SMT service launch at ELEXCON 2025.

Pattern Detected

Recent news flow mixes corporate governance and strategic expansion, with some positive developments drawing negative or muted price reactions.

Recent Company History

Over the past six months, ICZOOM has focused on governance, leadership, and service expansion. The December 23, 2025 EGM announcement tied to a shareholder requisition saw a +12.5% move. Leadership changes on November 11–12, 2025 around the new Chief Strategy Officer coincided with a -20.86% reaction. Service expansions announced on August 28, 2025 around PCB and SMT offerings prompted a modest -1.22% move. Today’s EGM postponement fits this governance-centric narrative without introducing new financial data.

Market Pulse Summary

This announcement adjusts timing around corporate governance rather than fundamentals. The EGM is po...

Analysis

This announcement adjusts timing around corporate governance rather than fundamentals. The EGM is postponed from February 27, 2026 to May 29, 2026, with a new record date of May 1, 2026, superseding the December 23, 2025 timetable. Investors may track how this interacts with prior shareholder requisitions and recent leadership changes, while also watching upcoming interim financial statements referenced as a reason for the delay and any further 6-K updates on board composition.

Key Terms

record date, proxy materials

2 terms

record date regulatory

"the record date for determining shareholders entitled to receive notice of and to vote"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

proxy materials regulatory

"expects to issue updated notice of meeting and related proxy materials in due course."

Proxy materials are the packet of documents sent to shareholders that explain items to be voted on at a company meeting and include the actual ballot or instructions for casting a vote. Think of them as a voting packet that lays out who’s running the company, major proposals (like pay, mergers, or board changes), and arguments for and against each item. Investors care because those votes shape corporate direction, affect risk and future profits, and can influence share value.

AI-generated analysis. Not financial advice.

Hong Kong, Jan. 30, 2026 (GLOBE NEWSWIRE) --   ICZOOM Group Inc. (Nasdaq: IZM) (the “Company”), a B2B electronic component products e-commerce platform, today announced that its board of directors has approved a change to the schedule of the Company’s previously announced extraordinary general meeting of shareholders (the “EGM”).

The EGM, which was previously scheduled to be held on February 27, 2026, has been postponed to May 29, 2026. In connection with the postponement, the record date for determining shareholders entitled to receive notice of and to vote at the EGM has been changed to May 1, 2026.

The postponement was approved by the board of directors due to the upcoming Chinese New Year holiday period, during which a significant number of the Company’s employees will be on leave, and the Company’s need to devote substantial management attention and internal resources to the preparation of its interim financial statements.

The Company notes that the information regarding the EGM schedule contained in its prior press release dated December 23, 2025 should no longer be relied upon.

The Company expects to issue updated notice of meeting and related proxy materials in due course.

About ICZOOM Group Inc.

ICZOOM Group Inc. (Nasdaq: IZM) is primarily engaged in sales of electronic component products to customers in Hong Kong and mainland China through its B2B e-commerce platform. These products are primarily used by China based small and medium-sized enterprises (“SMEs”) in the consumer electronic industry, Internet of Things (“IoT”), automotive electronics and industry control segments. By utilizing latest technologies, the Company’s platform collects, optimizes and presents product offering information from suppliers of all sizes, all transparent and available to its SME customers to compare and select. In addition to the sales of electronic component products, the Company also provides services to customers such as temporary warehousing, logistic and shipping, and customs clearance.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “anticipate,” “estimate,” “plan,” “project,” “continuing,” “ongoing,” “expect,” “we believe,” “we intend,” “may,” “should,” “will,” “could” and similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

ICZOOM Group Inc.

Lei Xia

Chief Executive Officer

Email: iczoomir@mtxpack.com

FAQ

When is ICZOOM Group's (IZM) rescheduled extraordinary general meeting (EGM)?

The EGM for ICZOOM (IZM) is rescheduled to May 29, 2026 for shareholder voting and related business. According to the company, the board postponed the meeting to accommodate Chinese New Year leave and interim financial statement preparation.

What is the new record date for shareholders for ICZOOM (IZM) EGM?

The new record date for ICZOOM (IZM) shareholders is May 1, 2026 to determine voting eligibility and notice recipients. According to the company, this change accompanies the EGM postponement and updated proxy materials will be issued later.

Why did ICZOOM Group (IZM) postpone the EGM originally set for February 27, 2026?

ICZOOM (IZM) postponed the EGM due to the Chinese New Year holiday and staff leave impacting preparations. According to the company, management needs to devote substantial attention and resources to prepare interim financial statements before holding the meeting.

Will ICZOOM Group (IZM) issue new proxy materials after the EGM postponement?

Yes. ICZOOM (IZM) expects to issue updated notice of meeting and related proxy materials in due course for the May 29, 2026 EGM. According to the company, shareholders should await the updated documents for voting details and instructions.

Should investors rely on ICZOOM Group's (IZM) December 23, 2025 EGM schedule information?

No. Investors should not rely on the December 23, 2025 EGM schedule information because the meeting date has changed to May 29, 2026. According to the company, the prior schedule should no longer be relied upon and will be replaced by updated notices.