Mercurity Fintech Holding Inc. Announces Results of Annual Shareholders Meeting
23 Novembre 2022 - 12:30AM
Mercurity Fintech Holding Inc. (the “Company” or “MFH”) (Nasdaq:
MFH), a digital fintech group powered by blockchain technology,
today announced the voting results from its Annual Shareholders
Meeting held on Monday, November 21, 2022, Beijing Time (the
“Meeting”).
Proposals described in the Company's proxy
materials were presented to the Company’s shareholders (the
“Shareholders”) for consideration and approval at the Meeting. The
proposals approved by the requisite majority of the votes cast by
the Shareholders that attended the Meeting by proxy or in person
are as follows:
- Election of Shi Qiu, Xiang Qu, Er-Yi Toh, Cong Huang,
Keith Tan Jun Jie, Alan Curtis, Daniel Kelly Kennedy, Zheng Cui,
Qian Sun, and Hui Cheng, to serve the Board of Directors of the
Company, until the next annual shareholders meeting and until their
successors are duly elected and qualified.
- Approval of the Reverse Split of the Company’s issued
ordinary shares at a ratio of not less than one (1)-for-three
hundred sixty (360) and not more than one (1)-for-seven hundred
twenty (720), with the exact ratio to be set at a whole number
within this range to be determined by the Company’s Board, or any
duly constituted committee thereof, in its discretion.
- Suspension of the trading of the Company’s American
Depositary Receipts / Shares (“ADRs”), termination of the deposit
agreement for the ADRs among the Company, its depositary bank,
Citibank, N.A., and the holders and beneficial owners of the
Company’s ADRs, the exchange of ADRs for the corresponding ordinary
shares of the Company, and commencement of trading of the Company’s
ordinary shares on the Nasdaq Stock Market upon the effectiveness
of the Reverse Split.
"We are pleased to have held our annual
shareholder meeting and launched the next chapter of the Mercurity
Fintech story with an exceptional group of experienced board
members," said Shi Qiu, CEO of the Company. "The election of
our committed, fit-for-purpose, and active board and approval of
resolutions will bolster the Company’s ongoing business development
as we keep developing technology while focusing on the
commercialization and growth."
About Mercurity Fintech Holding Inc.
Limited
Mercurity Fintech Holding Inc. is a digital
fintech group powered by blockchain technology. The Company’s
primary business scope includes digital asset trading, asset
digitization, cross-border remittance and other services, providing
compliant, professional, and highly efficient digital financial
services to its customers. The Company recently began to narrow in
on Bitcoin mining, digital currency investment and trading, and
other related fields. This shift has enabled the company to deepen
its involvement in all aspects of the blockchain industry, from
production to circulation.
Forward-Looking Statements
This announcement contains forward-looking
statements within the meaning of the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. All statements
other than statements of historical fact in this announcement are
forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties and are based on
current expectations and projections about future events and
financial trends that the Company believes may affect its financial
condition, results of operations, business strategy and financial
needs. Investors can identify these forward-looking statements by
words or phrases such as “may,” “will,” “expect,” “anticipate,”
“aim,” “estimate,” “intend,” “plan,” “believe,” “potential,”
“continue,” “is/are likely to” or other similar expressions. The
Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results.
For more information, please contact:
International Elite Capital Inc. Vicky
Chueng Tel: +1(646)
866-7989 Email: mfhfintech@iecapitalusa.com
Mercurity Fintech (NASDAQ:MFH)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Mercurity Fintech (NASDAQ:MFH)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024