Exascale Labs Holdings Inc. completed its Business combination on Aug. 27, 2026, with authority to issue 300,000,000 capital-stock shares across Class A, Class B and preferred stock. Investors now have a defined post-combination structure, including a 10,000,000-share Equity incentive plan and a newly appointed independent auditor.

Key Highlights

  • PubCo changed its name to Exascale Labs Holdings Inc. after redomiciling from the British Virgin Islands into Delaware.
  • The 2026 Omnibus Incentive Plan reserves 10,000,000 Class A common-stock shares for awards.
  • HTL International, LLC replaced Guangdong Prouden CPAs GP as independent registered public accounting firm.

Exascale Labs Holdings Inc. (NASDAQ: XLAB) completed the business combination on Aug. 27, 2026, and its Delaware certificate now authorizes 300,000,000 shares of Capital stock.

300M-Share Capital Structure Adopted

BCAR shareholders approved the transaction at an extraordinary general meeting held on Jul. 29, 2026. Before the Acquisition merger, BCAR redomiciled from the British Virgin Islands to Delaware through a domestication Merger with PubCo, which continued as the surviving corporation. The resulting Class A common stock carries a Par Value of $0.0001. The new certificate identifies Exascale Labs Holdings Inc. as a Delaware corporation and authorizes 300,000,000 capital-stock shares. Guangdong Prouden CPAs GP was dismissed upon completion of the business combination; its prior report included an explanatory going-concern paragraph but no adverse opinion or disclaimer.