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Founder of Oriental Rise (ORIS) gains 125,000,000-vote super share class

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

Rhea-AI Filing Summary

Oriental Rise Holdings Limited reports the creation and issuance of a new class of Founder Preferred Shares that concentrate voting power with its founder. On November 19, 2025, the board used its authority to designate 2,500,000 authorized but unissued shares as Founder Preferred Shares and issue them to Plentiful Thriving (BVI) Limited, a company 100% owned by founder and largest shareholder Chun Sun Wong.

These Founder Preferred Shares are non-convertible, non-redeemable, non-transferable and carry no economic rights beyond voting, but each share has 1,000 votes. Following a 1-for-20 reverse split effective December 30, 2025, there are 125,000 Founder Preferred Shares outstanding, together entitled to 125,000,000 votes. The company also held an Extraordinary General Meeting on February 14, 2026, at which shareholders approved resolutions adopting Amended and Restated Memorandum and Articles of Association, which were filed on February 16, 2026.

Positive

  • None.

Negative

  • Concentration of voting power: All Founder Preferred Shares, each with 1,000 votes and no transferability, are issued to an entity 100% owned by the founder and largest shareholder, giving that holder 125,000,000 votes and materially centralizing control over corporate decisions.

Insights

Super-voting Founder Preferred Shares centralize control with the founder.

The company has created Founder Preferred Shares with 1,000 votes per share, issued entirely to an entity 100% owned by founder and largest shareholder Chun Sun Wong. After the reverse split, 125,000 such shares together hold 125,000,000 votes.

Because these Founder Preferred Shares are non-convertible, non-redeemable and non-transferable, they serve purely as a voting control instrument rather than a financial security with typical economic rights. This structure can significantly influence shareholder voting outcomes, including on future corporate actions and governance matters.

The subsequent approval of Amended and Restated Memorandum and Articles of Association at the February 14, 2026 meeting formalizes an updated constitutional framework around this capital structure. Future company filings may outline how these voting rights interact with ordinary shares in specific voting scenarios.

 

 

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 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of February 2026

 

Commission File Number 001-42371

 

Oriental Rise Holdings Limited

(Translation of registrant’s name into English)

 

No. 48 Xianyu Road
Shuangcheng Town, Zherong County
Ningde City, Fujian Province
People’s Republic of 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 ☐

 

 

 

 

 

 

Issuance of Founders Preferred Shares

 

Previously, on September 21, 2025, we held an Extraordinary General Meeting of shareholders (the “September Meeting”). In our report on Form 6-K filed September 29, 2025, we reported that a majority of shareholders had voted at the September Meeting to approve: (1) the adoption of Amended and Restated Memorandum and Articles of Association, pursuant to which our share capital would be increased from US$100,000 divided into 125,000,000 ordinary shares, par value of US$0.0008, to US$2,000,000 divided into 2,500,000,000 ordinary shares; and (2) the designation of class of Founder Preferred Shares, with 500,000,000 Founder Preferred Shares to be issued to Plentiful Thriving (BVI) Limited, a company 100% owned by the Company’s founder and largest shareholder, Chun Sun Wong. Subsequent to the September Meeting, we were advised that, although shareholders holding a majority of the voting power were present at the meeting, the number of shareholders present failed to meet the quorum requirements under our Articles of Association in effect at the time.

 

On November 19, 2025, pursuant to the authority conferred upon our board of directors (the “Board”) by our Articles of Association, including the blank cheque authority to issue shares with such rights and preferences as the Board may determine, the Board approved the designation of 2,500,000 authorized but unissued shares of par value US$0.0008 each of the Company as Founder Preferred Shares, par value US$0.0008 (the “Founder Preferred Shares”). The Founder Preferred Shares were issued to Plentiful Thriving (BVI) Limited, a company 100% owned by the Company’s founder and largest shareholder, Chun Sun Wong. The Founder Preferred Shares, as designated and issued on November 19, 2025, have the right to cast one thousand (1,000) votes per share, are non-convertible, non-redeemable, and non-transferable, and carry no other rights, preferences, or privileges. Following the December 30, 2025 market effective date of the recent 1-for-20 reverse split of our ordinary shares, there are 125,000 Founders Preferred Shares, par value $0.016 per share, issued and outstanding, which carry the right to cast a total of 125,000,000 votes.

 

Extraordinary General Meeting held February 14, 2026; Amended and Restated Memorandum and Articles of Association

 

On February 14, 2026, the Company held an additional Extraordinary General Meeting of shareholders (the “February Meeting”). At the February Meeting, the following resolutions were approved and adopted:

 

  1. the Company’s total authorized share capital was increased from US$100,000 divided into 6,250,000 shares of a nominal or par value of US$0.016 each to US$5,000,000 divided into 312,500,000 shares of a nominal or par value of US$0.016 each, among which 125,000 shares remain designated as Founders Preferred Shares.

 

  2. A new amended and restated memorandum and articles of association and articles of association of the Company were approved and adopted to amend, among others, the requirements for the passing of an ordinary resolution in writing and the quorum requirement for a general meeting of the Company.

 

  3. The Board of Directors of the Company was vested with the authority to consolidate the Company’s issued and unissued ordinary shares (including Ordinary Shares and Founders Preferred Shares) at a ratio of not less than one (1)-for-ten (10) and not more than one (1)-for-two hundred (200) at any time within six (6) months following the date of the Meeting, with the exact ratio and other terms of the consolidation to be determined by the Board of Directors of the Company in its discretion.

 

Our Amended and Restated Memorandum and Articles of Association, as filed February 16, 2026, are furnished herewith as Exhibit 3.1

 

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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: February 26, 2026 Oriental Rise Holdings Limited
     
  By: /s/ Dezhi Liu
    Dezhi Liu
    Chief Executive Officer

 

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EXHIBIT INDEX

 

Exhibit No.   Description of Exhibits
3.1   Amended and Restated Memorandum and Articles of Association filed February 16, 2026

 

3

 

FAQ

What did Oriental Rise Holdings Limited (ORIS) disclose in this Form 6-K?

Oriental Rise Holdings Limited disclosed the board’s designation and issuance of a new class of Founder Preferred Shares with super-voting rights, all issued to an entity owned by its founder, and the approval of Amended and Restated Memorandum and Articles at a February 14, 2026 Extraordinary General Meeting.

How many Founder Preferred Shares of ORIS are currently outstanding and what voting power do they carry?

After a 1-for-20 reverse split of ordinary shares effective December 30, 2025, there are 125,000 Founder Preferred Shares outstanding. Each Founder Preferred Share carries 1,000 votes, giving this class a total of 125,000,000 votes in shareholder matters according to the disclosure.

Who holds the Founder Preferred Shares of Oriental Rise Holdings Limited (ORIS)?

All Founder Preferred Shares were issued to Plentiful Thriving (BVI) Limited, which is 100% owned by the company’s founder and largest shareholder, Chun Sun Wong. This structure effectively concentrates the super-voting rights in a single shareholder-controlled entity associated with the founder.

What rights do the ORIS Founder Preferred Shares have beyond voting power?

The Founder Preferred Shares are described as non-convertible, non-redeemable and non-transferable, and they carry no other rights, preferences or privileges beyond voting. Their primary function is therefore to provide enhanced voting power rather than additional economic or conversion features common in other preferred share classes.

Why did ORIS’s board create the Founder Preferred Shares instead of relying on the September 2025 shareholder meeting?

The company stated that, although shareholders holding a majority of voting power attended the September 21, 2025 meeting, the number of shareholders present did not meet quorum under the then-current Articles. Subsequently, on November 19, 2025, the board used its blank cheque authority to designate and issue Founder Preferred Shares directly.

What corporate governance documents did ORIS shareholders approve in February 2026?

At the February 14, 2026 Extraordinary General Meeting, shareholders approved resolutions adopting Amended and Restated Memorandum and Articles of Association. These updated governing documents were filed on February 16, 2026 and are referenced as Exhibit 3.1 to the report.

Filing Exhibits & Attachments

2 documents
Oriental Rise

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