Airnet announces results of annual general meeting

Beijing , may 31, 2024 /prnewswire/ -- airnet technology inc., formerly known as airmedia group inc. ("airnet" or the "company") (nasdaq: ante), today announced that it held its annual general meeting of shareholders on may 31, 2024. at the meeting, the shareholders resolved by an ordinary resolution to increase the authorized share capital of the company from us$1,000,000 divided into 22,500,000 ordinary shares of a nominal or par value of us$0.04 each and 2,500,000 preferred shares of a nominal or par value of us$0.04 each to us$40,000,000 divided into 900,000,000 ordinary shares of a nominal or a par value of us$0.04 each and 100,000,000 preferred shares of a nominal or par value of us$0.04 each, by the creation of an additional 877,500,000 ordinary shares with a par value of us$0.04 each and 97,500,000 preferred shares with a par value of us$0.04 each.
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