Core Viewpoint - J-Star Holding Co., Ltd. announced the results of its 2025 general meeting of shareholders, where significant proposals were approved, including a reclassification of shares and an increase in authorized share capital [1][2]. Group 1: Shareholder Meeting Outcomes - Shareholders approved the filing of the Fifth Restated M&A with the Registrar of Companies of the Cayman Islands, expected to occur on December 10, 2025 [2]. - The re-classified Class A Ordinary Shares are anticipated to commence trading on Nasdaq around December 11, 2025 [2]. Group 2: Share Capital Reorganization - The Company will re-designate and re-classify 17,200,387 issued ordinary shares as Class A Ordinary Shares, maintaining existing rights [5]. - 11,702,430 authorized but unissued Ordinary Shares will also be re-designated as Class A Ordinary Shares [5]. - The Company will cancel 6,097,183 authorized but unissued Ordinary Shares and create an equal number of Class B Ordinary Shares, each entitled to ten votes [5]. - Following the reorganization, the authorized share capital will increase from US$17,500,000 to US$65,000,000, with the creation of additional Class A and Class B Ordinary Shares [5]. Group 3: Adoption of New Governance Documents - The Fifth Amended and Restated Memorandum and Articles of Association will be adopted immediately after the Share Capital Reorganization and Increase of Authorized Share Capital [5]. Group 4: Share Repurchase and Issuance - The Company plans to repurchase 4,888,092 Class A Ordinary Shares from New Moon Corporation and 1,209,091 Class A Ordinary Shares from Mr. Jing-Bin Chiang, issuing an equivalent number of Class B Ordinary Shares to both parties [5].