Gaxos.AI Inc. Announces Reincorporation in the State of Nevada
Gaxos.ai (Nasdaq: GXAI), an artificial intelligence applications developer, has announced its reincorporation from Delaware to Nevada. The reincorporation, which was approved by the board of directors and stockholders at the Annual Meeting on December 27, 2024, places the company under Nevada Revised Statutes.
The transition will not affect any existing contracts, business operations, management structure, or board composition. Stockholders will not need to exchange their current stock certificates, and the company's shares will continue trading on the Nasdaq Capital Market under the same 'GXAI' symbol.
Gaxos.ai (Nasdaq: GXAI), uno sviluppatore di applicazioni di intelligenza artificiale, ha annunciato il suo reintegro dal Delaware al Nevada. Il reintegro, approvato dal consiglio di amministrazione e dagli azionisti durante l'Assemblea Annuale del 27 dicembre 2024, colloca l'azienda sotto le Statuti Revisionati del Nevada.
La transizione non influenzerà alcun contratto esistente, le operazioni commerciali, la struttura di gestione o la composizione del consiglio. Gli azionisti non dovranno scambiare i loro attuali certificati azionari, e le azioni della società continueranno a essere negoziate sul Nasdaq Capital Market sotto lo stesso simbolo 'GXAI'.
Gaxos.ai (Nasdaq: GXAI), un desarrollador de aplicaciones de inteligencia artificial, ha anunciado su reincorporación de Delaware a Nevada. La reincorporación, que fue aprobada por la junta directiva y los accionistas en la Reunión Anual del 27 de diciembre de 2024, coloca a la empresa bajo las Estatutos Revisados de Nevada.
La transición no afectará a ningún contrato existente, operaciones comerciales, estructura de gestión ni composición de la junta. Los accionistas no necesitarán intercambiar sus certificados de acciones actuales, y las acciones de la empresa seguirán cotizando en el Nasdaq Capital Market bajo el mismo símbolo 'GXAI'.
Gaxos.ai (Nasdaq: GXAI), 인공지능 애플리케이션 개발자는 델라웨어에서 네바다로의 재통합을 발표했습니다. 이 재통합은 2024년 12월 27일 연례 회의에서 이사회와 주주들에 의해 승인되었으며, 회사를 네바다 수정 법령 아래에 두게 됩니다.
이전은 기존 계약, 사업 운영, 관리 구조 또는 이사회 구성에 영향을 미치지 않습니다. 주주들은 현재의 주식 증서를 교환할 필요가 없으며, 회사의 주식은 동일한 'GXAI' 기호로 Nasdaq Capital Market에서 계속 거래됩니다.
Gaxos.ai (Nasdaq: GXAI), un développeur d'applications d'intelligence artificielle, a annoncé sa réincorporation du Delaware au Nevada. La réincorporation, qui a été approuvée par le conseil d'administration et les actionnaires lors de l'Assemblée Générale du 27 décembre 2024, place l'entreprise sous les Statuts Révisés du Nevada.
La transition n'affectera aucun contrat existant, les opérations commerciales, la structure de gestion ou la composition du conseil d'administration. Les actionnaires n'auront pas besoin d'échanger leurs certificats d'actions actuels, et les actions de l'entreprise continueront à être négociées sur le Nasdaq Capital Market sous le même symbole 'GXAI'.
Gaxos.ai (Nasdaq: GXAI), ein Entwickler von Anwendungen für künstliche Intelligenz, hat seine Reinkorporation von Delaware nach Nevada bekannt gegeben. Die Reinkorporation, die vom Vorstand und den Aktionären auf der Jahreshauptversammlung am 27. Dezember 2024 genehmigt wurde, stellt das Unternehmen unter die überarbeiteten Statuten von Nevada.
Der Übergang wird keine bestehenden Verträge, Geschäftstätigkeiten, Managementstrukturen oder die Zusammensetzung des Vorstands beeinträchtigen. Aktionäre müssen ihre aktuellen Aktienzertifikate nicht austauschen, und die Aktien des Unternehmens werden weiterhin unter dem gleichen Symbol 'GXAI' am Nasdaq Capital Market gehandelt.
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ROSELAND, NJ, March 04, 2025 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. (Nasdaq: GXAI) (“the Company”), a company developing artificial intelligence applications across various sectors, today announced that the Company has reincorporated in the State of Nevada from State of Delaware (the "Reincorporation").
The Reincorporation was previously approved by the board of directors of the Company, and subsequently approved by the stockholders of the Company at the Company's Annual Meeting of stockholders held on December 27, 2024. The Company is now subject to the Nevada Revised Statutes.
The Reincorporation did not affect any of the Company’s contracts with any third parties, and the Company’s rights and obligations under such contractual arrangements continue to be rights and obligations of the Company after the Reincorporation. In addition, no changes have been made to the Board of Directors, management, business or operations of the Company as a result of the Reincorporation.
The Company will not be replacing nor will any Company stockholders be required to exchange their stock certificates for new stock certificates in connection with the Reincorporation.
The common stock of the Company will continue to be listed on the Nasdaq Capital Market under the same “GXAI” symbol.
About Gaxos.ai Inc.
Gaxos.AI isn't just developing applications; it's redefining the human-AI relationship. Our offerings span health and wellness as well as gaming. We're committed to addressing health, longevity, and entertainment, through AI solutions.
Forward-Looking Statements
All statements other than statements of historical fact in this announcement are forward-looking statements that involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC.
Gaxos.ai Inc. Company Contact
Investor Relations
E:ir@gaxos.ai
T: 1-888-319-2499
FAQ
What does Gaxos.ai's reincorporation from Delaware to Nevada mean for GXAI shareholders?
When did GXAI stockholders approve the Nevada reincorporation?
Will GXAI's business operations change after moving from Delaware to Nevada?
Does GXAI's Nevada reincorporation affect its Nasdaq listing status?
