Extraordinary General Meeting of Digital Currency X Technology Inc.
Digital Currency X Technology Inc. held an extraordinary general meeting on December 22, 2025, where shareholders approved a significant increase in the company's authorized share capital. The capital will be increased from US$30,000,000.00 to US$3,000,000,000.00, with the number of shares authorized to increase from 100,000,000 to 10,000,000,000. This increase involves the creation of additional Class A and Class B ordinary shares. Shareholders also approved a proposal to authorize the board of directors to implement one or more share consolidations within two years, with a potential consolidation ratio of up to 3000:1. The board has the discretion to determine the exact ratio and timing of these consolidations, or to opt out of them. Additionally, the company's shareholders approved amendments to its memorandum and articles of association, including the adoption of the Fourth Amended and Restated Memorandum and Articles of Association, to reflect these changes. These amendments are effective immediately.