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Stock impact report

PINTEC Announces Results of 2020 Extraordinary General Meeting

Pintec Technology Holdings Limited - American Depositary Shares (PT) 
Company Research Source: GlobeNewswire
BEIJING, Sept. 25, 2020 (GLOBE NEWSWIRE) -- Pintec Technology Holdings Limited (Nasdaq: PT) (“PINTEC” or the “Company”), a leading independent technology platform enabling financial services in China, today announced that it held its 2020 extraordinary general meeting of shareholders (the “EGM”) on September 25, 2020. At the EGM, the shareholders: resolved as an ordinary resolution that the authorized share capital of the Company be increased and amended to US$250,000, divided into 2,000,000,000 shares of a par value of US$0.000125 each, comprising of (i) 1,750,000,000 Class A ordinary shares of a par value of US$0.000125 each (the “Class A Ordinary Shares”), and (ii) 250,000,000 Class B ordinary shares of a par value of US$0.000125 each (the “Class B Ordinary Shares”), by the creation of 1,401,782,495 authorized but unissued Class A Ordinary Shares and 198,217,505 authorized but unissued Class B Ordinary Shares; andresolved as a special resolution that the Company’s Third Amended Show less Read more
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