OpenWorld shareholders approve 500 million blockchain common shares
OPNW•OpenWorld shareholders approved an amendment authorizing 500 million blockchain common shares and another permitting distributions otherwise restricted by Nevada’s balance-sheet limitation. Consenting shareholders represented 57.57% of outstanding voting power; the amendments take effect no earlier than 20 days after filing and mailing of an information statement.
1. Shareholders approve amendments
OpenWorld shareholders adopted two charter amendments by written consent on October 16, 2026, following unanimous board approval on September 30. Consenting shareholders represented 7,756,328 shares, or 57.57% of outstanding voting power.
2. Share and distribution provisions
One amendment authorizes 500 million blockchain common shares and lets the board establish series without further shareholder approval. The other permits distributions otherwise restricted by Nevada’s balance-sheet limitation, providing flexibility for dividends, repurchases or redemptions. Both amendments take effect no earlier than 20 calendar days after filing and mailing of the information statement.
