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Real Messenger ( (RMSG) ) has provided an announcement.
On March 30, 2026, Real Messenger Corporation reported that it has formally elected to follow Cayman Islands home country practices in lieu of several Nasdaq rules requiring shareholder approval for dilutive securities issuances. The move, approved by the board on March 16, 2026, allows the company to proceed without mandatory shareholder votes on stock issued for acquisitions, potential changes of control, equity compensation and certain large private placements, potentially giving management greater financing and deal-making flexibility while reducing direct shareholder control over these corporate actions.
Cayman counsel Ogier confirmed that neither Cayman law nor Real Messenger’s amended and restated memorandum and articles of association obliges the company to comply with Nasdaq Rule 5635, clearing the way for the exemption. Apart from this shift, Real Messenger stated there are no material differences between its corporate governance practices and those of U.S. domestic issuers under Nasdaq standards, suggesting the change is narrowly targeted at capital-raising and transactional approvals rather than a broader governance overhaul.
More about Real Messenger
Real Messenger Corporation is a Cayman Islands–incorporated foreign private issuer listed on Nasdaq and headquartered in Costa Mesa, California. The company is subject to Nasdaq rules but, as a Cayman entity, may elect to follow certain home country corporate governance practices where permitted, aligning its governance framework with Cayman Islands law while maintaining its U.S. listing status.
Average Trading Volume: 4,886,731
Technical Sentiment Signal: Sell
Current Market Cap: $3.19M
Find detailed analytics on RMSG stock on TipRanks’ Stock Analysis page.