Welcome to our dedicated page for MEGAN HLDGS SEC filings (Ticker: MGN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Megan Holdings Limited (MGN) SEC filings page on Stock Titan provides access to the company’s public filings as a foreign private issuer. Megan is a Malaysia-based company engaged in the development, construction, and maintenance of aquaculture farms and related works, and it reports to the U.S. Securities and Exchange Commission in connection with its Nasdaq Capital Market listing.
Through this page, users can review key filings such as the company’s registration statement on Form F-1, which supported its initial public offering of ordinary shares, and ongoing current reports on Form 6-K. These filings cover topics including the use of offering proceeds for sales and marketing, expansion opportunities through merger and acquisition activities, development of its “Smart Farming System,” and general working capital and corporate purposes.
Megan’s Form 6-K reports also describe corporate governance and audit matters, such as the dismissal of its previous independent registered public accounting firm, the engagement of a new firm, and statements that there were no disagreements or reportable events under applicable SEC definitions. Other 6-K filings outline changes in the Board of Directors, including the resignation of an independent director and the appointment of a new independent director and audit committee chairman.
On Stock Titan, these filings are updated as they become available from EDGAR, and AI-powered tools can help summarize lengthy documents such as registration statements and ongoing reports. Users can quickly identify significant disclosures related to Megan Holdings Limited’s aquaculture-focused operations, audit and governance changes, and capital markets activities without reading every page in detail.
Megan Holdings Limited has called an annual general meeting for July 13, 2026 in Kuala Lumpur. Shareholders will vote on authorizing the board to implement one or more share consolidations of both Class A and Class B ordinary shares at a ratio of up to 1-for-400, with fractional shares rounded up. The proxy explains that this flexibility is intended to help meet Nasdaq’s minimum bid price requirement. Investors will also vote on amending the memorandum and articles of association to shorten general meeting notice from ten to five clear days and reduce postal deemed-service from five to two calendar days, plus a proposal allowing adjournment of the meeting if more time is needed to gather votes.
Megan Holdings Limited, a Cayman Islands holding company operating mainly in Malaysia, reports on its aquaculture-focused construction and maintenance business. Revenue comes from upgrading and maintaining farms, designing and developing new farms, and sourcing materials and rental machinery, with shrimp-related projects a major contributor.
The company completed a Nasdaq IPO on Class A Ordinary Shares in September 2025, raising US$5.0 million, followed by a February 2026 follow-on offering of 20,750,000 Class A shares for about US$8.3 million in gross proceeds. In January 2026 it adopted a dual-class share structure, giving founder-CEO Darren Hoo 90.73% of voting power through high-vote Class B shares. Megan later received a Nasdaq notice in May 2026 for not meeting the US$1.00 minimum bid price, starting a 180‑day cure period, and is considering options, including a possible reverse split, to regain compliance.
Megan Holdings Limited has received a notice from Nasdaq that its Class A ordinary shares no longer meet the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2). The shares traded below this level for 30 consecutive business days from March 30 to May 11, 2026. The notice does not immediately affect trading, and Megan has 180 calendar days, until November 9, 2026, to regain compliance. If the closing bid price reaches at least $1.00 for ten consecutive business days within this period, the company will be deemed back in compliance. If it fails to do so, Megan may seek a second compliance period, which could involve measures such as a reverse stock split, provided it meets other Nasdaq Capital Market standards. The company states it is monitoring its share price and evaluating options to maintain its Nasdaq listing.
Megan Holdings Ltd. director Phua Zhi Yong has filed an initial Form 3, which identifies him as a director and reporting person for the company’s shares. The excerpt shows no reported transactions, no share acquisitions or dispositions, and no listed derivative positions at this time.
Megan Holdings Ltd. CEO and director Hoo Wei Sern filed an initial ownership report showing indirect holdings in both classes of the company’s shares. The filing reports 5,845,000 Class A Ordinary Shares and 5,000,000 Class B Ordinary Shares held indirectly through a holding company structure.
Megan Holdings Limited completed a follow-on public offering of 20,750,000 Class A ordinary shares at US$0.40 per share, raising US$8.3 million in gross proceeds before fees and expenses. The offering was conducted on a reasonable best-efforts basis with no minimum amount required to close.
D. Boral Capital LLC acted as exclusive placement agent and received a cash fee equal to 7.0% of the aggregate gross proceeds. Megan plans to use the net proceeds mainly for business expansion, potential acquisitions, development of new products including its Smart Farming System, and general working capital and corporate purposes.
Megan Holdings Limited is offering 20,750,000 Class A Ordinary Shares at US$0.40 per share in a reasonable best-efforts primary offering. The offering price produces a public offering amount of $8,300,000 and estimated proceeds to the company of $7,719,000 before expenses, with placement agent fees equal to 7.0% of gross proceeds.
The placement agent is D. Boral Capital Markets LLC and delivery is expected on or about February 27, 2026. Shares outstanding will increase from 11,250,000 Class A Ordinary Shares before this offering to 32,000,000 Class A Ordinary Shares after this offering. Upon completion, controlling shareholder Mr. Darren Hoo will hold 5,845,000 Class A Ordinary Shares and 5,000,000 Class B Ordinary Shares, representing 90.73% voting power due to Class B Shares carrying fifty votes each. Net proceeds are earmarked for product development (including the Smart Farming System), business ventures, acquisitions, and working capital.
Megan Holdings Limited has filed an amended F-1 to offer up to 20,750,000 Class A Ordinary Shares, or pre-funded warrants in lieu of shares, plus 20,750,000 Class A shares underlying those warrants, in a primary reasonable best-efforts offering.
The assumed price is US$0.40 per Class A share and US$0.3999 per pre-funded warrant, with each warrant exercisable for one share at US$0.0001. There is no minimum offering amount, no escrow of investor funds, and the placement agent is engaged on a reasonable best-efforts basis.
The company develops, constructs and maintains aquaculture farms in Malaysia and plans to use proceeds for new products including its Smart Farming System, business ventures, acquisitions and working capital. After the deal, total Class A shares would rise from 11,250,000 to 32,000,000, and the dual-class structure will leave CEO Darren Hoo with 90.73% of voting power, making Megan a controlled company under Nasdaq rules.
Megan Holdings Limited filed an amended Form 6-K to update a prior February 2026 report. The amendment’s sole purpose is to add the company’s Second Amended and Restated Memorandum and Articles of Association as an exhibit to that earlier filing.
All other information in the original Form 6-K remains unchanged.