Fast Track Entertainment shareholders approved 1-for-20 reverse stock split at EGM
FTRK•Shareholders approve reverse split and related charter changes
Fast Track Entertainment held an extraordinary general meeting on Aug. 17, 2026.
- Shareholders backed a 1-for-20 reverse share split, consolidating ordinary shares into shares with a US$0.02 par value.
- Directors were authorized to address fractional entitlements from the reverse split, including rounding through issuance of paid-up shares.
- Investors also approved a redesignation into Class A shares, plus authorization for Class A and Class B shares within the US$50,000 share capital.
- A second amended and restated memorandum and articles was adopted, effective Aug. 17, 2026, with directors authorized to implement the actions.
