Looking at this filing, I need to assess the substantive disclosure content. The filing is a Form 20-F annual report for Galaxy Payroll Group Limited. The text provided is primarily cover page, table of contents, and introductory definitional/boilerplate content. However, there is substantive disclosure about share counts, incorporation details, and company structure that exceeds 150 words in substantive content. Let me identify the ticker: The cover page states Trading Symbol "GLXG" on "The Nasdaq Stock Market LLC (The Nasdaq Capital Market)" - so NASDAQ:GLXG. The fiscal year ended June 30, 2026.

Galaxy Payroll Group Limited filed its annual report on Form 20-F with the U.S. Securities and Exchange Commission on October 28, 2026, covering the fiscal year ended June 30, 2026.

Key Highlights

  • Share counts as of June 30, 2026: The company reported 6,361,515 Class A Ordinary Shares issued and 5,601,515 Class A Ordinary Shares outstanding, at par value $0.00625 per share.
  • Class B shares: 360,000 Class B Ordinary Shares were issued and outstanding as of June 30, 2026, also at par value $0.00625 per share.
  • Emerging growth company: The registrant identified itself as a non-accelerated filer and an emerging growth company under Rule 12b-2 of the Exchange Act.
  • Accounting basis: Financial statements included in the filing were prepared in accordance with U.S. GAAP.
  • Filing compliance: The registrant confirmed it filed all required reports during the preceding 12 months and submitted all required Interactive Data Files electronically.
  • Shell company status: The registrant indicated it is not a shell company as defined in Rule 12b-2 of the Exchange Act.

Galaxy Payroll Group's Fiscal Year 2026 Annual Disclosure: Share Structure and Company Status

Galaxy Payroll Group Limited (NASDAQ:GLXG), a holding company incorporated in the British Virgin Islands, filed its annual report on Form 20-F for the fiscal year ended June 30, 2026. The company is headquartered at the 25th Floor, Ovest, 77 Wing Lok Street, Sheung Wan, Hong Kong, and its Class A Ordinary Shares trade on the Nasdaq Capital Market under the symbol GLXG.

According to the filing, as of June 30, 2026, the company had 6,361,515 Class A Ordinary Shares issued but only 5,601,515 outstanding, each at a par value of $0.00625 per share. The company also reported 360,000 Class B Ordinary Shares issued and outstanding at the same par value. The registrant identified Lao Wai Hong as Chief Executive Officer and company contact person. The filing disclosed that three individuals identified as "Founder Shareholders" - Mr. Lao, Mr. But, and Mr. Yeung - each held 15% of the total issued and outstanding shares prior to the closing of the IPO, together owning 45% of the company's shares.

The company reported it is classified as a non-accelerated filer and an emerging growth company. Its financial statements were prepared using U.S. GAAP. The registrant confirmed it has not filed a report on management's assessment of internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act by its registered public accounting firm. The filing also noted a forward share split that took place on December 19, 2022, when the company amended its charter to increase authorized shares from 50,000 Ordinary Shares at par value $1.00 per share to unlimited Ordinary Shares at par value $0.00062 per share.

What Was Disclosed

Galaxy Payroll Group Limited submitted its Form 20-F annual report for fiscal year ended June 30, 2026, disclosing its share structure, filer classifications, accounting basis, filing compliance status, and key corporate details including founder shareholding and company incorporation information.