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Solana Treasury Company SOLAI Limited announces increase of authorized capital to $1.94 million
CoinVoice has learned that, according to PRNewswire, Solana Treasury Company SOLAI Limited (formerly known as Cryptocurrency Infrastructure Company BIT Mining Limited), listed on the New York Stock Exchange, announced that with the approval of its special shareholders’ meeting, the company’s statutory capital has been increased to $1.94 million, including: 38,399,870,000 Class A common shares, 65,000 Class A preferred shares, 65,000 Class A II preferred shares, 400,000,000 Class B common shares, and an issuance of 30,000,000,000 Class A common shares.
(Note: Statutory capital refers to the company’s legally mandated capital amount, i.e., the total amount of capital or paid-in capital as stipulated in the company’s articles of incorporation.)