OFA Group holders approve up to 25-for-1 consolidation authority and $100M Atsion equity line

OFA Group

All nine proposals passed at the Oct 5, 2026 annual meeting; Larry Wong, Keith Chong, John Chiang, Andrew Scott, Erwin Baquiran Pineda and Yan Xu were re-elected as directors.
Board may effect one or more Class A share consolidations at any ratio from 2-for-1 to 25-for-1 through the 2027 annual meeting; Fourth Amended and Restated Articles took effect Oct 5, 2026.
Shareholders ratified M&K CPAS, PLLC as independent registered public accounting firm for fiscal year ending March 31, 2027; an earlier 10-for-1 Class A consolidation was approved May 21, 2026.
Approved Class A issuance under the July 14, 2025 ELOC purchase agreement with Atsion Opportunity Fund LLC - Series 1: up to $100,000,000 of shares sellable over a 36-month term.
Record date Sept 17, 2026: 6,453,481 Class A shares (one vote each) and 20,000,000 Class B shares (25 votes each) outstanding.

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