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MicroAlgo (MLGO) finalizes Cayman court-approved share capital reduction

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

MicroAlgo Inc. reports that it has completed a previously approved reduction of its share capital. This follows an earlier restructuring plan that included a share consolidation, an increase in authorized share capital, and related amendments to its constitutional documents, all approved at an Extraordinary General Meeting on July 2, 2025.

The share consolidation and authorized capital increase took effect on July 16, 2025, after confirmation by the Cayman Islands Registrar of Companies. The final step, the share capital reduction, was confirmed by an order of the Grand Court of the Cayman Islands on September 16, 2025 and became effective upon registration with the Registrar. As required by the Court, MicroAlgo has also published a notice of the registration in the Cayman Gazette and in Hong Kong, with a copy of this notice attached 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 October 2025

 

Commission file number 001-40024

 

 

 

MicroAlgo Inc.

(Registrant’s Name)

 

 

 

Unit 507, Building C, Taoyuan Street,

Long Jing High and New Technology Jingu Pioneer Park,

Nanshan District, Shenzhen, People’s Republic of China, 518052

(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 ☐

 

 

 

 

 

 

EXPLANATORY NOTE

 

Completion of Share Capital Reduction

 

This report on Form 6-K is being furnished to announce the completion of the Company’s previously announced reduction of share capital. A copy of the notice of registration confirming the capital reduction, as published in the Hong Kong Special Administration Region, (the “Notice”), is attached as Exhibit 99.1 to this Report on Form 6-K.

 

Background

 

On July 2, 2025, MicroAlgo Inc. (the “Company”) held an Extraordinary General Meeting (“EGM”) where shareholders approved a series of resolutions to restructure the Company’s share capital. These resolutions included: (i) a share consolidation, (ii) an increase in the authorized share capital, (iii) a reduction of the share capital, and (iv) an amendment to the Company’s Memorandum and Articles of Association.

 

The initial steps of the reorganization, the share consolidation and increase in authorized capital, took effect on July 16, 2025, upon confirmation by the Registrar of Companies in the Cayman Islands (the “ROC”).

 

Share Capital Reduction Implementation

 

Under the Companies Act of the Cayman Islands, a reduction of share capital requires the confirmation of the Grand Court of the Cayman Islands (the “Court”). On September 16, 2025, the Court issued an order confirming the reduction of the Company’s share capital as approved by the shareholders.

 

In accordance with the Court’s directive, the Company submitted the order of the Court to the ROC for registration, and the reduction of share capital has now become effective. As confirmed by the Court, the capital reduction and reorganization entailed the following:

 

-The par value of each issued share was reduced from US6.00 to US0.0000001.

 

-The credit arising from this reduction was transferred to a distributable reserve account for the Company.

 

-The authorized share capital of the Company was changed from US6,000,000,000 (divided into 1,000,000,000 shares) to US100 (divided into 1,000,000,000 shares).

 

The Court order further required the Company to publish a notice of the registration. In compliance with this directive, on October 10, 2025, the Company has caused the required notice to be published in the Cayman Gazette and in the Hong Kong Special Administrative Region. A copy of the publication in the Hong Kong SAR is attached hereto as Exhibit 99.1.

 

1

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Copy of the Notice

 

2

 

 

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.

 

  MicroAlgo Inc.
   
  /s/ Min Shu
  Min Shu
  Chief Executive Officer

 

Date: October 10, 2025

 

3

FAQ

What did MicroAlgo Inc. (MLGO) announce in this 6-K?

MicroAlgo Inc. announced the completion of a previously approved reduction of its share capital, which forms part of a broader share capital reorganization.

What corporate actions did MicroAlgo shareholders approve on July 2, 2025?

On July 2, 2025, shareholders approved a share consolidation, an increase in authorized share capital, a reduction of share capital, and amendments to the Company’s Memorandum and Articles of Association.

When did the initial steps of MicroAlgo’s share capital reorganization take effect?

The share consolidation and increase in authorized share capital took effect on July 16, 2025, after confirmation by the Cayman Islands Registrar of Companies.

How was MicroAlgo’s share capital reduction approved and made effective?

The Grand Court of the Cayman Islands issued an order on September 16, 2025 confirming the reduction of share capital, and it became effective after the order was registered with the Cayman Islands Registrar of Companies.

Where did MicroAlgo publish notice of the capital reduction registration?

MicroAlgo published the required notice of registration in the Cayman Gazette and in the Hong Kong Special Administrative Region, with a copy of the Hong Kong publication attached as Exhibit 99.1.

Which exhibit is attached to this MicroAlgo (MLGO) 6-K filing?

The filing includes Exhibit 99.1, which is a copy of the notice of registration of the share capital reduction as published in Hong Kong.
MicroAlgo Inc

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