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Ridgetech cuts ordinary share par value to US$0.0001 from US$0.15 in capital reduction

PUBT·09/09/2026 21:01:14
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Ridgetech cuts ordinary share par value to US$0.0001 from US$0.15 in capital reduction
  • Ridgetech registered a reduction of authorized share capital on Sept. 2, 2026, supported by a solvency statement dated Aug. 1, 2026.
  • Authorized capital kept at USD 36.01 million, recut from 240 million ordinary shares at USD 0.15 par to 360 billion at USD 0.0001.
  • Preferred share authorization unchanged at 10 million shares at USD 0.001 par, including 2 million designated as Series A Preferred Shares.
  • As of the registration date, 3,629,540 ordinary shares were issued and fully paid, alongside 100,000 Series A Preferred Shares.
  • The minute was dated Aug. 25, 2026, with certification issued in George Town on Sept. 2, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ridgetech Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-098436), on September 09, 2026, and is solely responsible for the information contained therein.