BGM Group Ltd. Extraordinary General Meeting and Share Capital Reorganization

BGM Group Ltd. has announced an Extraordinary General Meeting (EGM) of shareholders to be held on July 9, 2026. The primary purpose of the EGM is to approve a series of resolutions concerning the company's share capital. These include a significant share capital reduction and reorganization, which involves reducing the par value of existing shares and subdividing authorized but unissued shares. Following this, the company proposes to amend its Memorandum and Articles of Association (M&A) to reflect these changes and incorporate updated corporate governance provisions. Additionally, shareholders will vote on potential share consolidation(s) and a post-consolidation share capital increase, along with the adoption of new M&A documents aligned with these adjustments. The board of directors unanimously recommends voting in favor of all five proposals, which are intended to streamline the company's capital structure and governance.