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Fenbo Holdings Limited Adopts Amended Articles and Reclassifies Shares
FEBO
Proxy Vote Outcomes
- Fenbo Holdings Limited adopted an Amended and Restated Memorandum and Articles of Association (ARM&A) on September 29, 2025, following approval by shareholders at an extraordinary general meeting.
- The company's authorized share capital was reconfigured to US$30,300, divided into 285,000,000 Class A ordinary shares and 18,000,000 Class B ordinary shares, each with a par value of US$0.0001.
- Existing issued ordinary shares were re-designated, with 8,000,000 shares held by Luxury Max Investments Limited becoming Class B ordinary shares, and 3,062,500 shares held by various shareholders becoming Class A ordinary shares.
- The Class A Ordinary Shares are scheduled to begin trading on the Nasdaq Capital Market under the symbol "FEBO" on October 17, 2025.
- Class B Ordinary Shares automatically convert to Class A Ordinary Shares upon transfer or change of beneficial ownership to a person who is not a Designated Person (Mr. Hongwu Huang or Ms. Xuefei Wang) or their affiliate.
Oct 15, 2025, 12:27 AM
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