Sharing Economy International increases authorized common shares to 9,950,000,000 via written consent

Reuters2026/09/14 10:04

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Board action on Aug. 28, 2026 set a capital increase plan, using written consent from a controlling stockholder.
Authorized common stock to rise to 9,950,000,000 shares from 7,450,000,000 through an Articles of Incorporation amendment.
Common shares outstanding stood at 6,451,736,079, leaving 3,498,263,921 shares available for issuance post-amendment.
Written consent came from Ximing Huang, whose common and Series B holdings carried 83% total voting power.
Amendment expected to take effect about Oct. 5, 2026, 20 days after the information statement is mailed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sharing Economy International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-005551), on September 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Sharing Economy International increases authorized common shares to 9,950,000,000 via written consent

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