NaaS Technology Raises Authorized Capital to $369,200 and 369.2B Shares
At the April 29 shareholder meeting, NaaS Technology Inc. approved increasing its authorized share capital from US$52,000 to US$369,200, expanding total shares to 369.2 billion across five classes. Directors were authorized to implement the amendment to facilitate future equity issuances.
1. Shareholder Meeting Approval
On April 29, 2026, NaaS Technology Inc. held an extraordinary general meeting in Langfang, Hebei Province, where shareholders approved two ordinary resolutions: amending the authorized share capital and authorizing directors, officers and agents to effect the changes.
2. Authorized Capital Amendment Details
The approved amendment raised the company’s authorized and issued share capital from US$52,000 to US$369,200, creating 369.2 billion shares comprising 365.3 billion Class A, 300 million Class B, 1.4 billion Class C, 16 million Class D, and 2.184 billion shares of undetermined class for future designation.