AirNet Announces Annual General Meeting Date and Proposed Increase of Authorized Share Capital

Core Points - AirNet Technology Inc. has announced an annual general meeting of shareholders scheduled for May 31, 2024, in Beijing [1] - The proposal at the AGM includes increasing the authorized share capital from US$1,000,000 to US$40,000,000, which involves creating an additional 877,500,000 ordinary shares and 97,500,000 preferred shares [1] Shareholder Information - The record date for determining shareholders entitled to attend the AGM is set as May 2, 2024 [2] - Holders of record of the Company's ordinary shares as of the record date are eligible to attend the AGM [2]