NFT Limited Shareholders Approve Major Capital Restructuring and Share Consolidation Authority

NFT ( (MI) ) has provided an announcement.

On April 17, 2026, NFT Limited held an extraordinary general meeting in Hong Kong, at which a quorum representing a majority of its voting share capital approved extensive changes to its share capital structure. Shareholders overwhelmingly backed a reduction in the par value of issued shares, the transfer of the resulting credit to a distributable reserve for potential loss elimination, subdivision and cancellation of unissued shares, and confirmation of a revised US$50,000 authorized capital split between Class A and Class B shares.

Investors also approved successive amendments to the company’s memorandum and articles of association to reflect both the capital reduction and a subsequent increase of authorized capital to US$5 million, creating billions of additional Class A and Class B shares. In addition, shareholders authorized a further constitutional update and empowered the board to execute a share consolidation within a one-for-five to one-for-200 range within one year, positioning NFT Limited with greater flexibility for future capital raising, corporate actions, and potential compliance with listing requirements.

More about NFT

NFT Limited is a Hong Kong–based foreign private issuer incorporated in the Cayman Islands and listed in the United States. The company has a dual-class share structure with Class A and Class B ordinary shares and is actively managing its capital structure and constitutional documents through shareholder approvals. Its latest actions focus on reshaping authorized capital and share parameters to support future corporate initiatives.

Average Trading Volume: 1,462,446

Technical Sentiment Signal: Sell

Current Market Cap: $4.26M

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