Founder Group Limited announced a 100-for-1 share consolidation to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing. The combination became effective on September 1, 2026, when Class A shares began trading on an adjusted basis under the same symbol but a new CUSIP number. Prior to the split, there were approximately 7,369,159 Class A shares and 186,358 Class B shares outstanding; post-combination, these figures reduced to approximately 73,693 Class A shares and 1,865 Class B shares. Fractional shares resulting from the consolidation were rounded up to the nearest whole number via bonus shares. Founder Group Limited is a pure-play, end-to-end EPCC solutions provider for solar PV facilities in Malaysia.

On August 19, 2026, Founder Group Limited amended the conversion and purchase terms for two outstanding instruments to significantly lower the price at which investors can convert debt or purchase shares. The company entered into a Note Amendment with Streeterville Capital, LLC regarding its Secured Convertible Promissory Note with an original principal amount of $16,070,000.00 issued on December 11, 2025. Simultaneously, it executed a Pre-Paid Purchase Amendment with Avondale Capital, LLC concerning Pre-Paid Purchase #1 with an original principal amount of $1,080,000.00 dated July 6, 2026. Both amendments revised the respective pricing mechanisms to be the lower of 85% of the lowest daily volume-weighted average price over ten consecutive trading days or 85% of the lowest intraday hourly VWAP on the submission date. These changes increase potential dilution for existing shareholders by allowing conversion at deeply discounted prices relative to market value. Founder Group Limited operates in the technology and investment sector, focusing on digital assets and strategic investments.

On June 11, 2026, Founder Group Limited approved one-time special discretionary bonuses for Chairman and CEO Lee Seng Chi and Director Thien Chiet Chai. Lee Seng Chi received 30,000 Class B ordinary shares valued at US$60,000 (RM238,080). Thien Chiet Chai received 20,000 Class B ordinary shares valued at US$40,000 (RM158,720). The company operates in the consumer goods industry.

On June 30, 2026, Founder Group Limited entered into an exchange agreement with Streeterville Capital, LLC to partition $8,000,000 from an existing $16,070,000 secured convertible promissory note into a new secured non-convertible promissory note. This new note bears 6% annual interest and matures on December 11, 2027. Additionally, on July 6, 2026, the company entered into a securities purchase agreement with Avondale Capital, LLC for up to $20,000,000 in pre-paid purchases of Class A ordinary shares. The company executed an initial pre-paid purchase of $1,080,000, subject to a $70,000 original issue discount and $10,000 in transaction expenses. Subsequent purchases will feature a 7% original issue discount and 8% annual interest. Founder Group Limited is a business company involved in various commercial operations.