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JBDI shareholders vote on dual-class structure granting 100 votes per Class B share and $5M authorized capital increase
JBDIJBDI Holdings Ltd
JBDI Holdings Limited filed a Form 6-K furnishing proxy materials for its 2026 Extraordinary General Meeting scheduled for October 22, 2026. Shareholders will vote on four proposals: increasing authorized share capital from US$500,000 to US$5,000,000; creating a dual-class structure with Class A shares (1 vote) and Class B shares (100 votes); adopting the Second Amended and Restated Memorandum and Articles of Association; and issuing 7,000,000 Class B shares to controlling shareholder EUG Investment Limited for US$7,000. This capital restructuring significantly alters voting control and governance rights. JBDI Holdings Limited operates in the digital health technology sector.