Research analysts covering iOThree.
Recent press releases and 8-K filings for IOTR.
iOThree Limited Announces Private Placement
IOTR
- iOThree Limited entered into securities purchase agreements on January 10, 2026, for a private placement of ordinary shares.
- The company agreed to issue 2,298,852 ordinary shares at a purchase price of $0.87 per share.
- This private placement will raise approximately $2.0 million, with net proceeds intended for working capital and general corporate purposes.
Jan 14, 2026, 9:30 PM
iOThree Limited Announces 1-for-10 Reverse Share Split
IOTR
Delisting/Listing Issues
- iOThree Limited announced a one-for-ten reverse share split of its issued and unissued ordinary shares, class A shares, and preferred shares.
- The reverse share split is effective November 10, 2025, and is intended to increase the per share trading price to satisfy the $1.00 minimum bid price requirement for continued listing on the NASDAQ Stock Market.
- Following the split, the company will have approximately 733,326 Ordinary Shares and 1,831,675 class A shares issued and outstanding, with all fractional shares rounded up to the nearest whole share.
Nov 6, 2025, 1:30 PM
iOThree Ltd to Hold Extraordinary General Meeting for Capital Restructuring and Share Consolidation
IOTR
Delisting/Listing Issues
Proxy Vote Outcomes
- iOThree Limited will hold an Extraordinary General Meeting on October 10, 2025, to vote on three proposals, including a capital restructuring and a share consolidation.
- Proposal 1 involves a capital restructuring to increase authorized share capital from US$500,000.00 to US$5,000,000.00, introducing Class A Shares with 50 votes per share to enhance founder control, and Preferred Shares for future flexibility.
- Proposal 2 seeks approval for a share consolidation (reverse stock split) at a ratio between one-for-two and one-for-twenty to regain compliance with Nasdaq's US$1.00 minimum bid price rule by December 1, 2025.
- The Board unanimously recommends a vote FOR all proposals, including the adoption of the Second Amended and Restated Memorandum and Articles of Association (Proposal 3), which is a prerequisite for the capital restructuring.
Sep 15, 2025, 11:00 AM
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