Financing ·
Perpetuals.com Ltd has convened an Extraordinary General Meeting of Shareholders for October 6, 2026, to approve…
ELWSPerpetuals.com Ltd
Perpetuals.com Ltd has convened an Extraordinary General Meeting of Shareholders for October 6, 2026, to approve significant corporate governance and capital changes. Proposal 1 seeks to transition the company from a statutory auditor structure to a three-committee system (Nominating, Compensation, and Audit) with outside director majorities. The meeting will also elect eight directors, including incumbent CEO Patrick Gruhn and Satoshi Kobayashi, and appoint Seiryu Audit Corporation as accounting auditor. Crucially, shareholders are asked to approve two equity issuances: Proposal 4 authorizes a third-party allotment of up to 7,650,000 ordinary shares to Alexander Capital L.P., with the subscription price set at not less than 80% of the 20-day VWAP of ADSs (minimum USD 1.50 per ADS), payable via debt contribution. Proposal 5 authorizes an allotment of up to 75,000 shares to Ashish Kapoor for accrued consulting fees, priced based on the closing ADR price on the Board's resolution date. These actions represent a strategic capital raise and governance overhaul. Perpetuals.com Ltd operates in the digital finance and blockchain technology sector.