tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Enlightify Shareholders Approve Reverse Stock Split and Equity Plan

Story Highlights
Enlightify Shareholders Approve Reverse Stock Split and Equity Plan

Claim 50% Off TipRanks Premium

Enlightify ( (ENFY) ) has issued an update.

On January 8, 2026, Enlightify Inc. held its FY2025 annual shareholders meeting, where stockholders representing 72.1% of the company’s outstanding common shares were present by proxy, satisfying quorum requirements. Shareholders re-elected seven directors—Zhuoyu Li, Jian Huang, Xiaolai Li, Cui Song, Tianping Cai, Lianfu Liu, and Jinjun Lu—to serve until the next annual meeting, and approved amendments to the company’s 2023 Equity Incentive Plan, an issuance of additional common stock, and a reverse stock split of the common stock at a ratio between 1-for-5 and 1-for-20. The approvals collectively give the board greater flexibility in capital management and equity-based compensation, with potential implications for Enlightify’s share structure and future financing options.

More about Enlightify

Average Trading Volume: 103,297

Technical Sentiment Signal: Sell

Current Market Cap: $878.4K

For detailed information about ENFY stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1