Autozi (AZI) clears 5,000-for-1 share consolidation and charter change
Rhea-AI Filing Summary
Autozi Internet Technology (Global) Ltd. reports that shareholders at an extraordinary general meeting held virtually on February 3, 2026 approved key share capital changes. Investors authorized the Board to implement a share consolidation at a ratio of up to 5,000-for-1, with the exact whole-number ratio to be set by the Board within two years.
Shareholders also approved, as a special resolution and entirely conditional on the share consolidation becoming effective, an amended and restated memorandum and articles of association to reflect the consolidation, provided it is implemented within the same two-year window.
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Insights
Shareholders gave Autozi’s board broad authority for a large potential reverse split.
Autozi Internet Technology (Global) Ltd. obtained shareholder approval to let its Board carry out a share consolidation of up to 5,000-for-1. The Board may choose the exact whole-number ratio at its discretion within two years after the February 3, 2026 meeting.
A special resolution also conditionally approves an amended and restated memorandum and articles of association, but only if the consolidation is actually implemented in that two-year period. Actual impact on the capital structure will depend on whether, when, and at what ratio the Board proceeds.