TechFlow news, December 31 — According to PRNewswire, SOLAI Limited, a New York Stock Exchange-listed Solana treasury company (formerly BIT Mining Limited, a cryptocurrency infrastructure company), announced that its authorized share capital has been increased to $1.94 million following approval at its special general meeting. The increase includes: 38,399,870,000 Class A ordinary shares, 65,000 Class A preferred shares, 65,000 Class A-II preferred shares, 400,000,000 Class B ordinary shares, and the issuance of an additional 30,000,000,000 Class A ordinary shares.
(Note: Authorized share capital refers to the amount of capital legally established by a company, i.e., the total amount of contributions or share capital specified in the company's articles of association)
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