Recent Updates — ZGM
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.