Sharing Economy International increases authorized common shares to 9,950,000,000 via written consent - SEII News | RalliesSharing Economy International increases authorized common shares to 9,950,000,000 via written consent
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SEII• Authorized share count increased through written consent
- 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.
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