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[6-K] Abits Group Inc Current Report (Foreign Issuer)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
6-K
Rhea-AI Filing Summary

ABITS Group Inc. reported the voting results of its 2025 Annual Meeting of Shareholders on a Form 6-K. A total of 2,763,817 votes from ordinary and preferred shares were present in person or by proxy, representing 63.25% of the combined voting power and satisfying quorum requirements. Each ordinary share carried one vote and each of the 333,333 preferred shares carried six votes. Shareholders cast votes for the election of directors, with each named nominee receiving an overwhelming majority of votes cast in favor and very few votes against or abstentions. The company also disclosed final vote tabulations for other proposals and furnished a press release summarizing the meeting results as an exhibit.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of November 2025

 

Commission File Number: 333-256665

 

ABITS GROUP INC

 

Level 24, Lee Garden One, 33 Hysan Avenue

Causeway Bay

Hong Kong SAR, China

(Address of principal executive offices)

 

Indicate by check mark whether the Company files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

Explanatory Note:

 

Abits Group Inc (the “Company”) held its 2025 annual meeting of shareholders (the “Annual Meeting”) on November 21, 2025, at 11:00 A.M., Hong Kong Time, at Level 24, 33 Hysan Avenue, Causeway Bay, Hong Kong SAR, China.

 

A total of 2,763,817 votes of the Company’s ordinary shares and preferred shares present in person or by proxy, representing 63.25% of the combined voting power of the ordinary shares and preferred shares entitled to vote at the Annual Meeting and constituting a quorum for the transaction of business.

 

The following tables reflect the final tabulation of the votes with respect to each proposal submitted to a vote of the Company’s shareholders at the Annual Meeting. Abstentions were counted as present for the purpose of establishing a quorum, but were not treated as votes cast on each respective proposal. Each ordinary share is entitled to one vote, and each preferred share is entitled to six votes. The number of votes cast by preferred shares represented 333,333 preferred shares multiplied by six votes per share.

 

PROPOSAL 1: Election of Directors

 

Nominee  For   Against   Abstain 
Conglin (Forrest) Deng   2,763,583    160    74 
Lionel Choong Khuat Leok   2,763,480    263    74 
Tao Xu   2,763,575    168    74 
Chuan Zhan   2,763,575    168    74 
Yanyan Sun   2,763,575    168    74 

 

PROPOSAL 2: Ratification of Appointment of Independent Auditor

 

Total Votes  For   Against   Abstain 
Ordinary shares and preferred shares   2,763,661    140    16 

 

PROPOSAL 3: Such other business as may properly come before the meeting or any adjournment thereof.

 

Total Votes  For   Against   Abstain 
Ordinary shares and preferred shares   2,761,904    263    1,649 

 

On November 24, 2025, the Company issued a press release announcing the results of its 2025 Annual Meeting of Shareholders. A copy of the press release is furnished as Exhibit 99.1 hereto.

 

 

 

 

Exhibit Index

 

Exhibit   Description
     
99.1   Press release dated November 24, 2025

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  ABITS GROUP INC
     
Date: November 24, 2025 By: /s/ Deng Conglin
  Name: Deng Conglin
  Title : Chief Executive Officer

 

 

 

FAQ

What did ABITS Group Inc. (ABTS) report in this Form 6-K?

ABITS Group Inc. reported the final voting results from its 2025 Annual Meeting of Shareholders, including quorum details and vote counts for each proposal and director nominee.

How many votes were represented at ABITS Group's 2025 Annual Meeting?

A total of 2,763,817 votes from ordinary and preferred shares were represented at the meeting, accounting for 63.25% of the combined voting power entitled to vote.

How are ABITS Group's ordinary and preferred shares treated for voting purposes?

Each ordinary share is entitled to one vote, while each of the 333,333 preferred shares is entitled to six votes, giving preferred shares greater voting weight.

Were ABITS Group's director nominees elected at the 2025 Annual Meeting?

Yes. Each named director nominee, including Conglin (Forrest) Deng and Lionel Choong Khuat Leok, received a very high number of votes for and only a small number of votes against or abstentions.

Did ABITS Group furnish any additional information about the AGM results?

Yes. The company issued a press release announcing the 2025 Annual Meeting results, which is furnished as Exhibit 99.1 to this Form 6-K.

What is the significance of abstentions in ABITS Group's vote counts?

Abstentions were counted only for establishing quorum but were not treated as votes cast on the proposals themselves, so they did not affect approval outcomes.

Abits Group Inc.

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