Pop Culture Group Co., Ltd. - Extraordinary General Meeting of Shareholders Results
Pop Culture Group Co., Ltd. held an Extraordinary General Meeting of Shareholders on May 15, 2026. Shareholders approved all seven proposals, including a 10:1 share consolidation, an increase in share capital, and amendments to the memorandum and articles of association. The share consolidation will be effective immediately, with a 10:1 ratio for Class A, B, and C ordinary shares. The authorized share capital will be amended accordingly. Further share consolidations, with a ratio between 2:1 and 250:1, may be implemented at the Board's discretion within one year. Amendments to the memorandum and articles of association will reflect these changes. The meeting also approved the adjournment of the meeting if necessary to solicit further votes. All proposals passed with overwhelming majority votes, with Class A and B shares showing significant support.