CANGO INC. - FORM 6-K - Notice of Extraordinary General Meeting and Proxy Statement
Cango Inc. has filed a Form 6-K to announce an Extraordinary General Meeting (EGM) scheduled for June 24, 2026. The primary purpose of the EGM is to vote on three proposals: 1. Approval of a Share Consolidation: This proposal seeks to consolidate the company's authorized share capital at a ratio of up to 10:1 to address non-compliance with NYSE minimum price requirements. Fractional shares will be rounded down and cancelled. 2. Approval of the Fifth Amended and Restated Memorandum and Articles of Association: This is to adopt new company governing documents that reflect the proposed Share Consolidation. 3. Approval of Adjournment of the EGM: This proposal allows for the adjournment of the meeting if insufficient proxies are received to pass the other resolutions. The Board of Directors recommends voting "FOR" all proposals. The record date for determining shareholders eligible to vote was May 8, 2026. The EGM will be held in Hong Kong.