Singularity Future Technology announces special shareholder meeting
Reuters2026/08/18 13:41- Singularity Future Technology will hold a special shareholder meeting in 2026 to seek approval for major equity issuances.
- Shareholders will vote on issuing 21,520,803 common shares under an Aug. 12, 2026 securities purchase agreement priced at USD 1.39.
- A separate vote covers 6,897,636 amended warrants priced at USD 0.001 per share, including issuance of the underlying common stock.
- Investors will also be asked to approve a corporate name change to Compower Ltd.
- The agenda includes authorizing a reverse stock split at a 1-for-5, 1-for-10, or 1-for-20 ratio, with fractional shares rounded up.
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