Recent Updates — MNDR
On August 17, 2026, the Board of Directors approved the allotment and issuance of 1,120,000 Class A ordinary shares to 39 key personnel as part of their fiscal year 2027 remuneration packages. These shares are subject to share transfer restrictions under a deed of undertaking executed by the recipients. Mobile-health Network Solutions operates in the healthcare technology industry, providing mobile health solutions and services.
On August 11, 2026, Mobile-health Network Solutions entered into a share purchase agreement to acquire a 19% equity stake in Jurong Day & Night Clinic Pte. Ltd., a Singapore-based licensed medical clinic. The transaction value is US$256,500, satisfied entirely through the issuance of 186,410 restricted ordinary shares to the seller, Ms. Ting Shih King. These shares are subject to a nine-month lock-up and no registration rights. Mobile-health will not obtain board representation or voting control, while the seller retains operating control and an 81% stake. The deal includes a twelve-month performance period requiring software integration within nine months; failure to meet targets allows the seller to repurchase the shares by returning the consideration shares. Closing is contingent on due diligence, regulatory approvals, and Nasdaq notification. Mobile-health Network Solutions operates in the digital health technology sector, providing healthcare management solutions.
Mobile-health Network Solutions announced a 1-for-6 reverse stock split effective at 12:01 a.m. ET on June 29, 2026, postponing a previously announced effective date of June 22, 2026. The company's authorized share capital has been increased to $18,720,000 divided into 19,500,000,000 ordinary shares with a par value of $0.00096 per share. Mobile-health Network Solutions operates in the mobile health technology industry.
At an Extraordinary General Meeting on June 8, 2026, shareholders approved a 6:1 reverse stock split (share consolidation) effective June 22, 2026. Shareholders also approved the creation of a new Class C Ordinary Share class with 90 votes per share and a significant increase in authorized share capital from US$50,000.00064 to US$18,720,000. Mobile-health Network Solutions operates in the mobile health technology industry and provides digital health services.