STOCK TITAN

Lucas GC expands authorized shares to 50 billion

Authorized ordinary-share capacity changes from 20 million to 50 billion, while total authorized share capital remains US$500,000.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
6-K

Rhea-AI Filing Summary

Lucas GC Ltd completed a shareholder-approved share capital restructuring and adopted amended and restated memorandum and articles of association after its extraordinary general meeting on October 2, 2026. Authorized share capital remains US$500,000, while authorized shares change from 20,000,000 at US$0.025 par value each to 50,000,000,000 at US$0.00001 each. The authorized mix changes from 19,800,000 Class A and 200,000 Class B shares to 49,500,000,000 Class A and 500,000,000 Class B shares.

The company also changed its articles so notices sent by post are deemed served three calendar days after posting rather than five, effective immediately following the meeting. Lucas GC anticipates that the restructuring will be reflected with the Nasdaq Capital Market beginning at the opening of trading on October 7, 2026.

Authorized share capital US$500,000 Before and after the restructuring
Authorized shares before restructuring 20,000,000 shares Before restructuring
Authorized shares after restructuring 50,000,000,000 shares After restructuring
Authorized Class A shares 49,500,000,000 shares After restructuring
Authorized Class B shares 500,000,000 shares After restructuring
Par value per authorized share US$0.00001 After restructuring
Postal notice service period 3 calendar days After the amendment, replacing 5 calendar days
share capital reduction financial
"a series of share capital reduction, subdivision and increase"
A share capital reduction is a legal change that lowers a company's recorded equity by cancelling shares, cutting the nominal value of shares, or returning money to shareholders. Think of it like removing or shrinking slices of a pie: it changes the number or stated size of shares outstanding and alters per-share figures and ownership percentages. It matters to investors because it affects balance-sheet metrics, voting stakes, and how earnings or assets are spread across remaining shares, and typically requires formal approvals.
authorized share capital financial
"the Company’s authorized share capital shall be changed"
The maximum number of shares a company is legally allowed to issue according to its governing documents. Think of it as the size of the blank checkbook a company keeps for selling ownership stakes: it sets an upper limit but does not mean all shares are in circulation. Investors care because a larger authorized amount makes it easier for the company to raise money or grant stock-based pay, which can dilute existing holdings and affect control and value per share.
par value financial
"ordinary shares of a par value of US$0.00001 each"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
Amended and Restated M&AA technical
"adoption of an amended and restated memorandum and articles of association"
Effective Date October 7, 2026

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What changed in LGCL's authorized share structure?

Lucas GC changed its authorized shares from 20,000,000 at US$0.025 par value each to 50,000,000,000 at US$0.00001 par value each, while authorized share capital remains US$500,000. The new authorized mix is 49,500,000,000 Class A shares and 500,000,000 Class B shares.

When will LGCL's share capital restructuring be reflected in trading?

Lucas GC anticipates that the restructuring will be reflected with the Nasdaq Capital Market beginning at the opening of trading on October 7, 2026.

How did LGCL change its postal notice period?

Notices sent by post are deemed served three calendar days after posting, replacing the prior five-calendar-day period. The amendment took effect immediately following the October 2, 2026 extraordinary general meeting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

 

 

 

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 October 2026

 

Commission File Number: 001-41658

 

 

 

Lucas GC Limited

(Exact name of registrant as specified in its charter)

 

 

 

Room 1109, 11/F, Tower A

Star Plaza, No. 8 Wangjing Street

Chaoyang District

Beijing 100102, China

(Address of principal executive offices)

 

 

 

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

 

Form 20-F ☒   Form 40-F ☐

 

 

 

 

 

 

INCORPORATION BY REFERENCE

 

This report on Form 6-K (the “Report”) and the attached Exhibits 99.1 and 99.2 are incorporated by reference into Lucas GC Limited’s (the “Company”) registration statement on Form F-3 (SEC File No. 333-286651) and Form S-8 (SEC File No. 333-283728), as amended, and into each prospectus and prospectus supplement under the foregoing registration statements, to the extent not superseded by documents or reports subsequently filed or furnished by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

 

 
 

 

EFFECTIVENESS OF SHARE CAPITAL RESTRUCTURING AND AMENDED AND RESTATED M&AA

 

On October 2, 2026, Lucas GC Limited (the “Company”) held an extraordinary general meeting (the “EGM”) at which the shareholders approved, among others, (i) a series of share capital reduction, subdivision and increase (collectively, the “Share Capital Restructuring”), upon completion of which the Company’s authorized share capital shall be changed from (A) US$500,000 divided into 20,000,000 shares of US$0.025 each, comprising 19,800,000 Class A ordinary shares of a par value of US$0.025 each and 200,000 Class B ordinary shares of a par value of US$0.025 each, to (B) US$500,000 divided into 50,000,000,000 ordinary shares of a par value of US$0.00001 each, comprising 49,500,000,000 Class A ordinary shares of a par value of US$0.00001 each and 500,000,000 Class B ordinary shares of a par value of US$0.00001 each, (ii) the approval of an amendment to Article 35.4(a) of the Company’s currently effective memorandum and articles of association, to delete the words “post, shall be deemed to have been served five (5) calendar days after the time when the letter containing the same is posted” and replacing them with “post, shall be deemed to have been served three (3) calendar days after the time when the letter containing the same is posted” (the “M&AA Notice Amendment”) with immediate effect following the EGM, and (iii) the adoption of an amended and restated memorandum and articles of association (the “Amended and Restated M&AA”), in substitution for, and to the exclusion of, the Company’s currently effective memorandum and articles of association, to reflect, the Share Capital Restructuring and the M&AA Notice Amendment. As a result, the Company has effected the Share Capital Restructuring and adopted the Amended and Restated M&AA, and the Company anticipates that beginning with the opening of trading on October 7, 2026, the Share Capital Restructuring will be reflected with the Nasdaq Capital Market and in the marketplace.

 

A copy of the Company’s Amended and Restated M&AA is filed as Exhibit 3.1 to this Report.

 

EXHIBITS INDEX

 

Exhibit No.   Description
3.1   Amended and Restated Memorandum and Articles of Association of Lucas GC Limited

 

 

 

 

SIGNATURES

 

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

 

Date: October 6, 2026

 

  Lucas GC Limited
     
  By: /s/ Howard Lee
  Name: Howard Lee
  Title: Chief Executive Officer and Chairman of the Board of Directors

 

 

 

Filing Exhibits & Attachments

1 document

Other Documents

Keep reading