Ridgetech, Inc. authorized 2,000,000 Series A Preferred Shares, each carrying 100 votes per share, and entered into a subscription agreement on July 16, 2026, for the issuance of 100,000 shares to Board Chair Lingtao Kong at $0.001 per share for a total of $100. The issuance aims to promote leadership continuity, strategic direction, and corporate stability while minimizing economic dilution. Ridgetech, Inc. is a technology company providing various services and products in the consumer electronics and consumer goods sectors.
