Elong Power Holding Limited filed a Form 6-K on October 30, 2026, reporting the results of an extraordinary general meeting held that same day at which shareholders approved the company's re-domiciliation from the Cayman Islands to the British Virgin Islands.

Key Highlights

  • EGM held October 30, 2026: The meeting took place at 10:00 a.m. Beijing Time (October 29, 2026, at 10:00 p.m. Eastern Time) at the company's principal office in Beijing, China.
  • Record date shares outstanding: As of October 9, 2026, there were 929,541 Class A ordinary shares and 2,548 Class B ordinary shares outstanding.
  • Quorum reached: Holders of 13,324 Class A Ordinary Shares and 2,548 Class B Ordinary Shares were present or represented by proxy, constituting approximately 36.336% of voting power.
  • Continuation approved: Proposal One, authorizing deregistration in the Cayman Islands and continuation as a BVI business company, passed with 516,162.17 votes for, 6,503.71 against, and 258.12 abstentions.
  • Share re-designation planned: Upon continuation, all Class A and Class B ordinary shares with a par value of US$0.0000001 each will be re-designated on a one-for-one basis into shares of no par value in the BVI company.
  • Adjournment proposal also approved: Proposal Two, to adjourn the EGM if needed, passed with 516,192.34 votes for, 6,597.14 against, and 133.52 abstentions.

Elong Power EGM: Shareholder Vote on BVI Re-domiciliation

According to the Form 6-K filed with the SEC, Elong Power Holding Limited (NASDAQ:ELPW) convened an extraordinary general meeting on October 30, 2026, to seek shareholder approval for the company's transfer by way of continuation from the Cayman Islands to the British Virgin Islands. The filing states that holders of Class A Ordinary Shares are entitled to one vote per share, while holders of Class B Ordinary Shares are entitled to 200 votes per share for each proposal considered at the meeting.

The filing discloses that Proposal One, approved by special resolution, covers four elements: deregistration as a Cayman Islands exempted company; re-designation of all outstanding Class A and Class B ordinary shares on a one-for-one basis into newly issued shares of no par value under BVI law; replacement of the existing memorandum and articles of association with a new memorandum and articles of association compliant with BVI law; and authorization of any director to take all steps necessary to effect the continuation, including signing declarations of assets and liabilities and undertakings regarding secured creditors. The company noted, according to the filing, that it has no secured creditors.

The filing reports that all matters voted on at the EGM were approved, and that the continuation remains subject to "all necessary governmental and regulatory consents," as stated in the resolution text. Chief Executive Officer Xiaodan Liu signed the filing on behalf of Elong Power Holding Limited on October 30, 2026.

What Was Disclosed

Elong Power Holding Limited reported the results of its October 30, 2026 extraordinary general meeting, at which shareholders approved a special resolution to re-domicile the company from the Cayman Islands to the British Virgin Islands, subject to required governmental and regulatory consents.