DP Cap shareholders approve 49:1 bonus share issuance and 4x capital increase

DP Cap Acquisition Corp I

Authorized capital increased from $22,100 to $92,000; Class A shares to 600M, preference to 300M.
49 bonus ordinary shares to be issued for each outstanding share (including underlying units).
Article 49.10 amended to require ordinary resolution for new share issuances after public shares.
One Class I director elected with 3 votes; no opposition or abstentions.
Only 9,350 public shares redeemed in connection with the extraordinary general meeting.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

DP Cap Acquisition Corp I: Amendment to delete and replace Article 49.10 regarding issuance of shares and voting rights (effective 2025-09-25).

Change: charter amendment
Effective: 2025-09-25

Exact text from the filing

(iii) to approve, by special resolution and pursuant to the terms of the Articles (the “Article 49.10 Amendment Proposal”), an amendment to the Articles to delete in its entirety current Article 49.10 thereof and replace it

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

DP Cap Acquisition Corp I: Amendment to increase authorized share capital from US$22,100 to US$92,000 and adjust class share counts (effective 2025-09-25).

Change: charter amendment
Effective: 2025-09-25

Exact text from the filing

On September 25, 2025, the Company filed an amendment to the Articles with the Cayman Islands Registrar of Companies to effectuate the foregoing proposals.

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Source: SEC EDGAR

accession 0001477932-25-007087

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