Antalpha to hold Extraordinary General Meeting on July 25

Antalpha (ANTA) Platform will hold an extraordinary general meeting of shareholders at 2:00 p.m. on July 21 at 42nd Floor, Edinburgh Tower, The Landmark, 15 Queen’s Road, Central, Hong Kong. A proposal to increase the Company’s authorized share capital will be submitted to the Company’s shareholders to be considered and voted upon at the EGM. If the proposal is approved by an ordinary resolution of the shareholders, the authorized share capital of the Company will be increased from “$50,000 divided into 50,000,000 Ordinary Shares of a par value of $0.001 each” to “$62,500 divided into 62,500,000 Ordinary Shares of a par value of $0.001 each” by the creation of an additional 12,500,000 Ordinary Shares of a par value of $0.001 each to rank pari passu in all respects with the existing shares. A proposal to re-designate the Company’s ordinary shares into Class A Ordinary Shares and Class B Ordinary Shares will be submitted to the Company’s shareholders to be considered and voted upon at the EGM. If the proposal is approved by a special resolution of the shareholders, 59,375,000 authorized Ordinary Shares of a par value of $0.001 each in the capital of the Company will be re-designated as Class A Ordinary Shares, and 3,125,000 authorized but unissued Ordinary Shares of a par value of $0.001 each in the capital of the Company will be re-designated as Class B Ordinary Shares, such that immediately following the Share Re-designation, the authorized share capital of the Company will be $62,500 divided into 62,500,000 Ordinary Shares of a par value of $0.001 each, comprising of 59,375,000 Class A Ordinary Shares of a par value of $0.001 each, and 3,125,000 Class B Ordinary Shares of a par value of $0.001 each/ A proposal to amend and restate the Company’s existing memorandum and articles of association to reflect the variation of the Company’s authorized share capital will be submitted to the Company’s shareholders to be considered and voted upon at the EGM. If the proposal is approved by a special resolution of the shareholders, the Company’s Amended and Restated Memorandum of Association and Articles of Association will be amended and restated by their deletion in their entirety and the substitution in their place of the Second Amended and Restated Memorandum of Association and Articles of Association in the form as attached to the EGM notice as Exhibit A and the authorized share capital of the Company will be $62,500 divided into 62,500,000 Ordinary Shares of a par value of $0.001 each comprising of 59,375,000 Class A Ordinary Shares of a par value of $0.001 each, and 3,125,000 Class B Ordinary Shares of a par value of $0.001 each, with the rights attaching to such shares as set out in the Amended M&AA, including that each Class A Ordinary Share is entitled to one vote, and is not convertible into Class B Ordinary Share under any circumstances, and each Class B Ordinary Share is entitled to twenty votes, subject to certain conditions, and is convertible into one Class A Ordinary Share at any time by the holder thereof. A proposal to grant the Chairperson of the board of directors and CEO of the Company, one or more awards under the Company’s 2024 Share Incentive Plan will be submitted to the Company’s shareholders to be considered and voted upon at the EGM. If the proposal is approved by an ordinary resolution of the shareholders, the Company will be authorized to grant the Founder awards under the Company’s 2024 Share Incentive Plan, in the form of options, restricted share units or other types, to acquire an aggregate of up to 1,500,000 Class B Ordinary Shares, of which the first 750,000 Class B Ordinary Shares shall vest only upon the Company achieving a market capitalization of at least $1B, and the remaining 750,000 Class B Ordinary Shares shall vest only upon the Company achieving a market capitalization of at least $2B, as an incentive for his continued service and to align his interests with those of the Company and its shareholders. A proposal for the Company to adopt a treasury management plan will be submitted to the Company’s shareholders to be considered and voted upon at the EGM. If the proposal is approved by an ordinary resolution of the shareholders, the Company will adopt the treasury management plan in the form as attached to the EGM notice as Exhibit B for the purposes of improving the treasury management of the Company, and the Company and its board of directors be authorized to take all actions as may be necessary for the purposes of carrying out such treasury management plan, including issuing ordinary shares or other securities to raise funds to acquire digital gold, or acquiring digital gold through its subsidiaries and/or investees, which may include publicly listed companies, from time to time for purposes of carrying out such treasury management plan.