MicroAlgo completes court-approved share capital reduction
MicroAlgo Inc. reports that it has completed a previously approved reduction of its share capital.
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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FAQ
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What did MicroAlgo Inc. (MLGO) announce in this 6-K?
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