OFA Group Announces Rescheduled Virtual Extraordinary General Meeting of Shareholders to November 24, 2025

Rhea-AI Summary

OFA Group (NASDAQ: OFAL) announced the Extraordinary General Meeting of Shareholders has been rescheduled from November 5, 2025 to November 24, 2025 at 5:00 p.m. ET, to be held exclusively in a virtual format via electronic communication facilities.

The company said the rescheduling allows time to add and finalize additional items for shareholder approval. Shareholders of record as of October 10, 2025 will receive updated proxy materials with access instructions, login credentials, and voting procedures; previously submitted proxies may be updated or revoked prior to the meeting.

Positive

• EGM rescheduled to Nov 24, 2025 allowing extra review time
• Updated proxy materials to be provided to shareholders of record Oct 10, 2025
• Board seeks approval for increase of authorized share capital
• Proposal to approve Series A convertible preferred financing and PIPE documents

Negative

• Proposed issuance of Class B ordinary shares may cause shareholder dilution
• Share-class re-designation could alter existing voting/economic rights
• Virtual-only EGM may limit in-person shareholder engagement

News Market Reaction

-4.35%

3 alerts

-4.35% News Effect

-16.7% Trough Tracked

-$454K Valuation Impact

$10M Market Cap

0.3x Rel. Volume

On the day this news was published, OFAL declined 4.35%, reflecting a moderate negative market reaction. Argus tracked a trough of -16.7% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $454K from the company's valuation, bringing the market cap to $10M at that time.

Data tracked by StockTitan Argus on the day of publication.

Los Angeles, CA, Nov. 13, 2025 (GLOBE NEWSWIRE) -- OFA Group (NASDAQ: OFAL) (“OFA” or the “Company”), an international architecture, technology, and digital-asset infrastructure company, today announced that its Extraordinary General Meeting of Shareholders (“EGM”), originally scheduled for November 5, 2025, has been rescheduled to November 24, 2025 at 5:00 p.m. Eastern Time.

The meeting will be held exclusively in a virtual format via electronic communication facilities. Instructions for accessing the meeting platform, login credentials, and voting procedures will be provided in the updated proxy materials.

The EGM was rescheduled in order to allow the Company to add and finalize additional items requiring shareholder approval, ensuring shareholders have sufficient time to review the updated information.

At the rescheduled EGM, shareholders will be asked to vote on the following five key matters:

1. Increase of Authorized Share Capital
2. Re-designation of Share Classes
3. Adoption of the Second Amended and Restated Memorandum and Articles of Association:
4. Issuance of Class B Ordinary Shares
5. Approval of the Series A Convertible Preferred Share Financing and Pipe Transaction Documents
6. Approval of the Creation of a Digital Asset Treasury
   
   

Updated proxy materials reflecting the new meeting date, time, and virtual access instructions will be provided to all shareholders of record as of October 10, 2025. Shareholders who previously submitted proxies may update or revoke them at any time prior to the meeting.

OFA Group encourages all shareholders to attend the virtual EGM and participate in these important corporate matters.

About OFA Group

OFA Group (NASDAQ: OFAL) is a diversified architecture, technology, and digital-asset infrastructure company focused on AI-powered design systems, real-world asset tokenization, and next-generation financial technologies. The Company operates through subsidiaries spanning architecture, AI research, digital assets, and real-estate innovation.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of U.S. federal securities laws. These statements involve risks and uncertainties that may cause actual results to differ materially. OFA Group undertakes no obligation to update any forward-looking statements except as required by law.

Contact

Investor Relations
OFA Group
Email: IR@ofagroup.com
Website: www.ofagroup.com

FAQ

When will OFA Group (OFAL) hold the rescheduled Extraordinary General Meeting?

The EGM is rescheduled for November 24, 2025 at 5:00 p.m. Eastern Time in a virtual-only format.

What shareholder actions will be voted on at the OFAL EGM on November 24, 2025?

Shareholders will vote on five items including increase of authorized capital, share-class re-designation, issuance of Class B ordinary shares, approval of Series A convertible preferred financing and PIPE documents, and creation of a digital asset treasury.

Who will receive updated proxy materials for OFA Group's November 24, 2025 EGM?

Updated proxy materials will be provided to all shareholders of record as of October 10, 2025 with virtual access and voting instructions.

Can OFA Group shareholders change previously submitted proxies before the November 24, 2025 EGM?

Yes. Shareholders who previously submitted proxies may update or revoke them at any time prior to the meeting.

Why did OFA Group (OFAL) reschedule the EGM to November 24, 2025?

The company said the meeting was rescheduled to allow time to add and finalize additional items requiring shareholder approval so shareholders can review updated information.

How will shareholders access the virtual OFA Group EGM on November 24, 2025?

Access instructions, login credentials, and voting procedures will be included in the updated proxy materials sent to shareholders of record.