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iOThree Limited filed a proxy statement for an extraordinary general meeting scheduled for August 21, 2026
IOTRiOThree Ltd
iOThree Limited filed a proxy statement for an extraordinary general meeting scheduled for August 21, 2026. Shareholders are voting on four proposals: increasing authorized ordinary share capital from 70 million to 1 billion shares; effecting a one-for-eight reverse stock split subject to Nasdaq clearance; granting the Board authority to execute a subsequent share consolidation at a ratio between one-for-two and one-for-fifty within 730 days; and amending the articles of association to allow ordinary resolutions via written consent. The company operates in the Internet of Things (IoT) sector.