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Skillful Craftsman Expands Share Capital and Issues New Preference Shares

Story Highlights
  • Skillful Craftsman increased its authorized share capital by creating 4,000,000 new preference shares.
  • 1,000,000 Series A Preference Shares were issued to CEO Bin Fu, enhancing his voting power.
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Skillful Craftsman Expands Share Capital and Issues New Preference Shares

Elevate Your Investing Strategy:

An announcement from Skillful Craftsman Education Technology ( (EDTK) ) is now available.

On July 2, 2025, Skillful Craftsman Education Technology Limited held an extraordinary general meeting where shareholders approved a significant increase in the company’s authorized share capital. This increase involves the creation of an additional 4,000,000 preference shares. Additionally, 1,000,000 of these newly created preference shares were designated as Series A Preference Shares, which were issued to Mr. Bin Fu, the CEO and Chairman, granting him substantial voting power. This move is likely to impact the company’s governance structure and could influence its strategic direction.

More about Skillful Craftsman Education Technology

Skillful Craftsman Education Technology Limited operates in the education technology industry, focusing on providing online education services. The company is based in Shenzhen, China, and is known for its innovative educational solutions aimed at enhancing learning experiences.

Average Trading Volume: 8,162

Technical Sentiment Signal: Sell

Current Market Cap: $13.06M

See more data about EDTK stock on TipRanks’ Stock Analysis page.

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