Dividends & Buybacks ·
Hitek Global Inc. held its 2026 Annual General Meeting on July 29, 2026, where shareholders approved several…
HKITBiddance AI Systems, Inc.
Hitek Global Inc. held its 2026 Annual General Meeting on July 29, 2026, where shareholders approved several significant corporate actions. The company subdivided Class A ordinary shares at a ratio of 1:3,750, increasing the authorized count from 800,000 to 3 billion while reducing par value from $0.375 to $0.0001. Shareholders also authorized the Board to implement one or more consolidations of Class A shares at a cumulative ratio not exceeding 1-for-6,000 within two years. Additionally, shareholders approved changing the company's name to Biddance AI Systems, Inc., and transferring its incorporation from the Cayman Islands to the British Virgin Islands. The meeting also resulted in the re-election of five directors and ratification of the independent auditor. Hitek Global Inc. operates in the technology sector.