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Mint Incorporation Limited Major Shareholder Converts High-Vote Shares to Class A Stock

Story Highlights
  • On December 11, 2025, AL Holding converted 2.1 million Class B shares into Class A shares.
  • The conversion reduced AL Holding’s voting power but left its total share ownership unchanged.
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Mint Incorporation Limited Major Shareholder Converts High-Vote Shares to Class A Stock

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An announcement from Mint Incorporation Limited Class A ( (MIMI) ) is now available.

Mint Incorporation Limited reported that on December 11, 2025, significant shareholder AL Holding Group Limited converted all 2.1 million of its Class B ordinary shares into Class A ordinary shares on a one-for-one basis, in line with the company’s governing documents. This move eliminated AL Holding’s superior voting rights of 20 votes per Class B share, reducing its voting power to one vote per Class A share while leaving unchanged the total number of shares it beneficially owns, which now stands at 3,543,400 Class A ordinary shares. The conversion marks a notable shift in the company’s share-voting structure, potentially broadening governance balance by diluting the concentrated control previously attached to AL Holding’s high-vote shares, without impacting the overall equity ownership structure for that key shareholder.

More about Mint Incorporation Limited Class A

Average Trading Volume: 1,312,241

Technical Sentiment Signal: Strong Sell

Current Market Cap: $8.41M

For an in-depth examination of MIMI stock, go to TipRanks’ Overview page.

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