The9 Limited to Hold Annual General Meeting on December 27, 2024, and to Issue Class B Ordinary Shares to its Chief Executive Officer
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The9 Limited (Nasdaq: NCTY) announced an extraordinary general meeting on December 27, 2024, and approved the issuance of Class B ordinary shares to its CEO, Mr. Jun Zhu.
November 20, 2024 | 4:30 am
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The9 Limited is holding an AGM on December 27, 2024, and will issue Class B ordinary shares to its CEO, which may affect shareholder dynamics and voting power.
The issuance of Class B shares to the CEO could alter voting power and influence within the company, but the immediate stock price impact is uncertain. The AGM may provide further insights into company strategy.
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