Wisebirds Extraordinary General Meeting Passes Reverse Stock Split and Articles Amendment, Neutral Impact on Shareholder Value

Wisebirds held an extraordinary general meeting on July 20, 2026, and passed two special resolutions: amendment to articles of incorporation regarding stock split and approval of the reverse stock split.
The attendance rate was 47.6% of total voting shares, and both resolutions received 100% approval.
The reverse stock split reduces the number of shares outstanding while increasing the per-share price, with no additional capital raising or dilution.
[AI Summary]Wisebirds' EGM approved a reverse stock split, reducing share count but boosting price per share. No capital changes or dilution occur, resulting in a neutral impact on shareholder value. No additional funding plans or dividend policies were disclosed.