SOS set a July 27, 2026 extraordinary meeting; record date July 13, 2026; eight proposals on capital structure and equity incentives.
Key item cuts par value to US$ 0.0000001 from US$ 0.75; moves the resulting credit to a distributable reserve.
Another proposal lifts authorized share capital to US$ 700, with 6,000,000,000 Class A shares, 1,000,000,000 Class B shares, both US$ 0.0000001 par value.
Board seeks authority for a reverse split within 1-for-2 to 1-for-20 within two years; no fractional shares, with rounding up.
Q&A highlights a 2026 equity incentive plan reserving up to 1,985,000 Class A shares; board recommends voting for all proposals.
SOS•
