Recent Updates — ZGM
Shareholders approved the consolidation of Class A and Class B ordinary shares on a 12-to-1 basis, effective immediately upon the resolution's passage at an extraordinary general meeting held on September 30, 2026. The par value per share increases from US$0.001 to US$0.012, and authorized share capital is adjusted accordingly with fractional shares rounded up. Additionally, shareholders granted authorization for a potential future consolidation at a ratio of 20-to-1 if the stock price remains below US$1.00 for eight consecutive trading days. The company also adopted amended articles to reflect these changes and establish exclusive jurisdiction for dispute resolution in Cayman Islands courts. Zenta Group is a Macau-based professional services provider offering consultation services to industrial parks, business investment, and fintech products.
Zenta Group Company Limited completed the acquisition of 100% of ZentoAI Intelligent Technology Company Limited on September 11, 2026. The filing includes audited financial statements for ZentoAI for fiscal years ended September 30, 2025 and 2024, unaudited condensed consolidated financial statements for the six months ended March 31, 2026 and 2025, and pro forma combined financial information. As of September 30, 2025, ZentoAI reported total assets of $675,085, a shareholders' deficit of $(110,791), and a net loss of $(73,531). The company operates in the technology sector.
Zenta Group completed its acquisition of 100% of ZentoAI Intelligent Technology Company Limited on September 11, 2026. The company paid HKD 10,000,000 in cash and issued 12,278,340 Class A ordinary shares to the selling shareholders. Post-transaction, total outstanding shares increased to 24,087,179, comprising 17,719,499 Class A and 6,367,680 Class B ordinary shares. Zenta Group operates in the technology sector.
Zenta Group Company Limited announced it will hold an extraordinary general meeting on September 30, 2026, to vote on proposals including a 12-to-1 share consolidation and a pre-approved 20-to-1 reverse split if the stock price remains below $1.0 for eight consecutive days. The company also seeks approval for amended articles of association establishing exclusive jurisdiction in Cayman Islands courts for certain disputes. Zenta Group is a Macau-based diversified consulting and fintech solutions provider.
Zenta Group Company Limited entered into a share purchase agreement on September 9, 2026, to acquire 100% of ZentoAI Intelligent Technology Company Limited for HKD10,000,000 in cash and US$5,844,490 payable via the issuance of 12,278,340 Class A ordinary shares at US$0.476 per share. The transaction is a related party matter approved by the board and audit committee on August 16 and 21, 2026, respectively. Closing is subject to customary conditions within 30 business days or 120 days from signing. Post-closing, Zenta Group will hold 24,087,179 ordinary shares outstanding. This acquisition supports the company's strategic expansion into artificial intelligence and big data services in East Asia. The company operates as a Macau-based professional services provider offering consultation for industrial parks and business investment, alongside fintech product sales.
Zenta Group Company Limited filed its unaudited condensed consolidated financial statements and management discussion for the six months ended March 31, 2026. Total revenues decreased 40.4% to US$1,147,748 from US$1,926,008 in the prior year period, driven by lower fintech service utilization and the termination of an administrative services contract on July 1, 2025. The company reported a net loss of US$777,940 compared to net income of US$789,391 previously. Professional fees surged to US$1,045,985 due to marketing consulting, M&A advisory, and post-IPO compliance costs. Operating cash outflow was US$1,141,678, while financing activities provided US$824,230 primarily from over-allotment option exercises. The company operates in the fintech and consulting services industry.