Recent Updates — BTTC
Black Titan Corporation is seeking shareholder approval for a proposed 11-for-1 consolidation of its ordinary shares at an Annual and Extraordinary General Meeting scheduled for November 16, 2026. The company states the primary motivation is to maintain compliance with Nasdaq’s minimum bid price requirement and reduce the risk of future non-compliance. If approved, the consolidation would apply to all authorized ordinary shares, proportionally reducing share counts without affecting voting power or shareholder interests. The filing also includes proposals to increase authorized share capital following the consolidation and adopt amended articles of association.
Black Titan Corporation received a notification from Nasdaq on September 2, 2026, indicating it no longer meets the minimum bid price requirement of $1.00 per share for continued listing on The Nasdaq Capital Market. This determination is based on closing bid prices over the 30 consecutive business days ending September 1, 2026. The company has a compliance period until March 1, 2027, to regain compliance by maintaining a closing price of at least $1.00 for ten consecutive business days. Failure to comply may result in delisting proceedings. Black Titan Corporation operates in the technology industry, providing human capital management and enterprise resource planning solutions across Southeast Asia.
Black Titan Corporation announced the full conversion of a senior unsecured convertible note held by an institutional investor into 2,924,082 ordinary shares. The note, originally issued on January 16, 2026, with a principal amount of $1,515,000 and a purchase price of $1,350,000, was converted in tranches between May 2026 and August 20, 2026. This transaction satisfied the note in full, leaving no outstanding principal or accrued interest. The company retains the option to issue additional notes under the existing Securities Purchase Agreement through January 16, 2029. Black Titan Corporation operates in the technology sector, providing human capital management and enterprise resource planning solutions across Southeast Asia.
Black Titan Corporation announced on July 21, 2026, the strategic deployment of cash reserves to accelerate growth in Southeast Asia. The company plans to expand operations in Indonesia, increase hiring in Singapore to strengthen its regional sales and marketing organization, and invest in product development and talent development programs. Black Titan Corporation is a provider of human capital management and enterprise resource planning solutions across Southeast Asia.