Zenta Group Co Ltd (ZTG)

Zenta Group completed the acquisition of ZentoAI Intelligent Technology Company Limited on September 11, 2026, paying HKD10 million in cash and issuing approximately 12.3 million Class A ordinary shares to the selling shareholders. Following this transaction, the company has roughly 24.1 million shares outstanding. On September 30, 2026, shareholders approved a 12-to-1 share consolidation, which took effect under Cayman Islands law on that date but is pending market effectiveness on Nasdaq. The filing also discloses that ZentoAI's prospective customer engagements were cancelled or suspended indefinitely due to external force majeure events, leaving the subsidiary with no binding orders as of late September. Additionally, Zenta announced a strategic realignment toward AI and data solutions and reported that its subsidiary signed a non-binding memorandum of understanding to acquire a controlling stake in another mainland China digital technology firm.