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Stock impact report

Abits Group Announces Results of Annual Meeting of Shareholders

Abits Group Inc - Ordinary Shares (ABTS) 
Company Research Source: GlobeNewswire
Hong Kong, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Abits Group Inc (the “Company”) (NASDAQ: ABTS), a digital data center operator specializing in bitcoin self-mining operations, today announced the results of its 2024 Annual Meeting of Shareholders that was held on December 10, 2024 in Hong Kong. At the meeting, the shareholders:  ?Elected Conglin (Forrest) Deng, Lionel Choong Khuat Leok, Tao Xu, Chuan Zhan, and Yanyan Sun to its Board of Directors; ?Ratified the appointment of Audit Alliance LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 ?Approved a share consolidation of the issued and outstanding shares of the Company’s ordinary shares at a ratio between one-for-six and one-for-fifteen, with the exact ratio to be determined by the Board of Directors in its discretion and an amendment and restatement to the Company’s memorandum and articles of association giving effect to the Reverse Share Split. About Abits Group Inc Ab Show less Read more
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