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WF International Ltd. ( (WXM) ) just unveiled an announcement.
WF International Limited has called its annual general meeting of shareholders for April 30, 2026 in Chengdu, with March 23, 2026 set as the record date for voting eligibility. Shareholders will be asked to re-elect five directors, adopt the WF International Limited 2026 Equity Incentive Plan, ratify ZH CPA, LLC as auditor for the fiscal year ending September 30, 2026, and authorize potential adjournment to secure sufficient proxies.
A key item on the agenda is a multi-step consolidation of the company’s ordinary and preference shares, which would reduce the number of authorized shares from tens of billions to 200 million while keeping total authorized capital at US$50,000. The board would have discretion over the timing of each consolidation step, a move that could significantly affect the company’s capital structure and share count, with implications for trading dynamics and existing shareholder holdings once implemented.
More about WF International Ltd.
WF International Limited is a Cayman Islands-incorporated foreign private issuer listed in the United States, with principal executive offices in Chengdu, Sichuan, China. The company files annual reports on Form 20-F and maintains a substantial authorized share capital structure comprised of ordinary and preference shares for international investors.
Average Trading Volume: 132,656
Technical Sentiment Signal: Strong Sell
Current Market Cap: $3.99M
For a thorough assessment of WXM stock, go to TipRanks’ Stock Analysis page.