ICZOOM Group Inc. Announces Extraordinary General Meeting of Shareholders

Rhea-AI Summary

ICZOOM Group (Nasdaq: IZM) called an extraordinary general meeting of shareholders (EGM) to be held by teleconference at 10:00 AM ET on February 27, 2026.

The EGM was convened in response to a Shareholder Requisition dated December 5, 2025 requesting shareholder votes on proposed changes to the company’s board and management. Shareholders of record as of the close of business on February 2, 2026 are eligible to receive notice and vote. Copies of the notice, proxy statement, and proxy card are expected to be mailed on or about February 2, 2026. For more details, see the company’s Form 6-K furnished to the SEC on December 23, 2025.

Positive

• EGM scheduled for February 27, 2026
• Shareholder requisition could enable board refresh
• Proxy materials expected mailed on or about February 2, 2026

Negative

• Governance uncertainty persists until the Feb 27, 2026 vote
• Potential management changes may create near-term stock volatility

Key Figures

EGM time 10:00 AM U.S. Eastern Time Teleconference extraordinary general meeting on February 27, 2026

EGM date February 27, 2026 Scheduled extraordinary general meeting of shareholders

Record date February 2, 2026 Shareholders of record entitled to vote at the EGM

Shareholder requisition date December 5, 2025 Date of shareholder requisition requesting the EGM

Fiscal 2025 revenue $187,048,491 Revenue for fiscal year ended June 30, 2025

Fiscal 2024 revenue $177,933,890 Revenue for prior fiscal year 2024

Employees 101 Total employees in fiscal 2025

Class A shares 8,151,910 Class A Ordinary Shares outstanding as of June 30, 2025

Market Reality Check

$2.58 Last Close

Volume Volume 781,319 is about 8.23x the 20-day average of 94,928, indicating elevated trading interest ahead of this governance update. high

Technical Shares at 1.60 are trading below the 200-day MA of 2.06, despite a 28% single-day gain.

Peers on Argus

Peer moves were mixed: KTCC up 6.25%, EBON up 0.53%, while TAIT, BTCT, and ZSPC fell. No broad sector trend aligns with IZM’s 28% move, pointing to stock-specific dynamics.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 12	Leadership changes	Neutral	-20.9%	Board removed COO and appointed new Chief Strategy Officer and director.
Aug 28	Service expansion	Positive	-1.2%	Launch of PCB manufacturing and SMT assembly services to broaden offerings.
Aug 28	Correction release	Positive	-1.2%	Corrected announcement on PCB and SMT services at a Shenzhen exhibition.

Pattern Detected

Recent corporate and strategic announcements have often coincided with negative share reactions, even when the news itself was neutral-to-positive.

Recent Company History

Over the past months, ICZOOM reported revenue of $187,048,491 for fiscal 2025, up from $177,933,890 in 2024, alongside modest operational expansion to 101 employees and nine subsidiaries. Strategically, it launched integrated PCB manufacturing and SMT assembly services to strengthen its one-stop solution, yet the stock slipped about 1.22% on related August 28, 2025 news. Leadership changes on November 11, 2025 also saw a -20.86% reaction. Today’s extraordinary general meeting announcement continues the governance-focused news flow.

Market Pulse Summary

The stock surged +12.5% in the session following this news. A strong positive reaction aligns with heightened sensitivity to governance developments at ICZOOM. The stock previously reacted negatively to leadership changes and strategic expansions despite constructive elements, suggesting news flow around management and structure has been a key focus. With shares still below the 200-day MA and well under the 52-week high, investors may reassess risk as board and management proposals progress.

Key Terms

proxy statement regulatory

"along with the proxy statement and proxy card, are expected to be mailed"

A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.

proxy card regulatory

"along with the proxy statement and proxy card, are expected to be mailed"

A proxy card is a document that allows shareholders to give someone else the authority to vote on their behalf at a company’s meeting. Think of it as a permission slip that ensures a shareholder’s interests are represented even if they cannot attend in person. For investors, proxy cards are important because they influence company decisions and governance, giving them a way to participate indirectly.

form 6-k regulatory

"Current Report on Form 6-K furnished to the U.S. Securities and Exchange Commission"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

b2b technical

"a B2B electronic component products e-commerce platform"

Business-to-business (B2B) describes companies that sell products or services to other businesses rather than to individual consumers. For investors, B2B models often mean larger, repeatable contracts and revenue tied to corporate budgets, which can produce steadier, more predictable cash flow; think of a parts supplier selling regular batches to a factory rather than a shop selling single items to walk-in customers, so customer concentration and contract length matter.

AI-generated analysis. Not financial advice.

Hong Kong, Dec. 23, 2025 (GLOBE NEWSWIRE) -- ICZOOM Group Inc. (Nasdaq: IZM) (the “Company”), a B2B electronic component products e-commerce platform, today announced that it has called an extraordinary general meeting of shareholders (the “EGM”) to be held via teleconference at 10:00 AM U.S. Eastern Time on February 27, 2026. The meeting is being convened in response to a Shareholder Requisition dated December 5, 2025, which requests that an extraordinary general meeting be held for shareholders to vote on proposed changes to the Company’s board and management.

Shareholders of record as of the close of business on February 2, 2026 will be entitled to receive notice of, and vote at, the EGM or any adjournment thereof. Copies of the notice of the EGM, which sets forth the resolutions to be considered and submitted for shareholder approval, along with the proxy statement and proxy card, are expected to be mailed to shareholders on or about February 2, 2026. For additional information about the notice of the EGM, please refer to the Company’s Current Report on Form 6-K furnished to the U.S. Securities and Exchange Commission on December 23, 2025.

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 (IZM) holding the extraordinary general meeting?

The EGM will occur via teleconference at 10:00 AM ET on February 27, 2026.

Why did ICZOOM (IZM) call an EGM in December 2025?

The EGM was convened in response to a Shareholder Requisition dated December 5, 2025 requesting votes on board and management changes.

Who is eligible to vote at the ICZOOM (IZM) EGM?

Shareholders of record as of the close of business on February 2, 2026 are entitled to notice and to vote.

When will ICZOOM (IZM) mail the EGM proxy materials?

The notice, proxy statement, and proxy card are expected to be mailed on or about February 2, 2026.

Where can investors find more information about the ICZOOM (IZM) EGM?

Refer to the company’s Current Report on Form 6-K furnished to the SEC on December 23, 2025 for additional details.