• Zeta Network Group held an extraordinary general meeting of shareholders on May 8, 2026.
• Shareholders adopted a share capital reduction and reorganization that cuts par value per Class A and Class B ordinary share to US$0.0025, subdivides certain authorized but unissued shares, cancels excess authorized but unissued shares, and resets authorized share capital to US$320,000; effectiveness remains subject to required conditions being satisfied.
• An authorized share capital increase was also adopted, lifting authorized share capital to US$32,000,000 and expanding authorized Class A ordinary shares to 11,200,000,000 and Class B ordinary shares to 1,600,000,000; it is slated to take effect only once the capital reduction and reorganization becomes effective.
• Shareholders adopted a ninth amended and restated memorandum and articles of association, intended to take effect upon effectiveness of the capital reduction and reorganization and the share capital increase.
• A share consolidation was authorized within a 2-for-1 to 4,000-for-1 range at a ratio and timing to be set by the board within three years, with a tenth amended and restated memorandum and articles of association approved only if the consolidation is implemented.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zeta Network Group published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-053544), on May 08, 2026, and is solely responsible for the information contained therein.