The special shareholders' meeting of BC Technology has officially approved the previous subscription agreement of BGX and plans to rename itself as OSL Group

2024-01-07 15:34:27
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ChainCatcher news, the Hong Kong licensed virtual asset trading platform OSL's parent company BC Technology Group announced that shareholders have officially approved the relevant resolutions through voting, the main contents include:

  1. Approval, confirmation, and ratification of the subscription agreement entered into by BGXGroup Holding Limited (as the subscriber) on November 13, 2023, with conditional agreement to allocate and issue a total of 187,600,000 subscription shares at a subscription price of HKD 3.80 per subscription share, and the transactions to be conducted thereunder; granting special authority to the directors to exercise all powers of BC Technology Group to allocate and issue the subscription shares in accordance with the terms and conditions set forth in the subscription agreement and within its limits;

  2. Upon obtaining the approval of the Registrar of Companies in the Cayman Islands, the company's English name will be changed from "BC Technology Group Limited" to "OSL Group Limited" and the company's Chinese dual foreign name will be changed from "BC 科技集团有限公司" to "OSL 集团有限公司".

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