other material
confidence high
sentiment neutral
materiality 0.85
Agape ATP shareholders approve 60x increase in authorized shares and reverse split up to 1:5000
Agape ATP Corp
- Authorized shares increased from 500M to 30B; approved with 30,073,422 for, 22,106 against.
- Reverse stock split authorized up to 1:5000; 29,969,661 for, 125,867 against.
- Shareholders approved potential issuance of up to $300M common stock via S-3 shelf.
- All five directors (How Kok Choong, Cortizo, Louis, Natih, Kaiser) re-elected with large majorities.
- Ratification of independent auditor passed with 30,095,479 votes for.