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SAIHEAT Limited is calling an extraordinary general meeting (EGM) on April 24, 2026, to clean up and update its corporate charter. Shareholders will vote on three special resolutions: formally correcting typographical errors in the previously approved 1‑for‑15 reverse stock split and related resolutions, approving a corrected fourth amended and restated memorandum and articles of association, and then replacing those with a new fifth amended and restated memorandum and articles of association.
The corrections confirm authorised share capital of US$35,000, divided into 22,024,624 Class A ordinary shares, 642,043 Class B ordinary shares and 666,666 preference shares, each with a par value of US$0.0015. The EGM will be held virtually, and shareholders of record as of March 26, 2026 may vote in person or by proxy. Each Class A share carries one vote, while each Class B share carries ten votes, and each proposal requires approval by at least two‑thirds of votes cast to pass as a special resolution.
SAIHEAT Ltd director Ren Junfei has filed an initial insider ownership report on Form 3. This filing establishes Ren's status as a director and brings their equity holdings under SEC disclosure rules. The report does not list any specific transactions, focusing instead on baseline ownership disclosure.
SAIHEAT Ltd filed a Form 3 identifying Yang Tianshi as a director and insider of the company. This initial statement of beneficial ownership establishes his reporting status under SEC rules and, in the information provided, does not include any reported transactions or detailed position data.
SAIHEAT Ltd director Ge Hao filed an initial ownership report showing compensation in the form of restricted share units (RSUs). These RSUs relate to 889 Class A ordinary shares, with each RSU converting into one share on vesting with no cash payment required.
The RSUs do not expire and are scheduled to vest on March 15, 2026, at which time Ge Hao will receive the 889 underlying Class A ordinary shares directly.
SAIHEAT Ltd director and CEO Li Jianwei filed an initial insider ownership statement on Form 3. This filing establishes his status as both a director and an officer of the company but does not report any insider transactions or derivative security positions in the data provided.