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Magic Empire Global Limited's Key Insights: February 2025 SEC Filing Report

$MEGL
Form 6-K
Filed on: 2025-02-10
Source
Magic Empire Global Limited's Key Insights: February 2025 SEC Filing Report

Here are the key insights extracted from the financial report of Magic Empire Global Limited:

  1. Filing Type and Date: This is a Form 6-K, filed with the SEC for the month of February 2025.
  2. Company Information:
  • Name: Magic Empire Global Limited
  • Address: 3/F, 8 Wyndham Street, Central, Hong Kong.
  • Commission File Number: 001-41467.
  1. Shareholder Meeting:
  • The company held its 2024 general meeting on November 29, 2024. During this meeting, shareholders approved a resolution for a share combination.
  1. Share Combination Details:
  • On February 6, 2025, the company executed a share combination at a ratio of 4:1 (four shares combined into one).
  • The number of outstanding Class A Ordinary Shares decreased from 16,256,099 to approximately 4,064,025 shares post-combination, subject to rounding for fractional shares.
  1. Trading Information:
  • Following the share combination, the Class A Ordinary Shares will begin trading on the Nasdaq Capital Market under the ticker symbol "MEGL" starting February 18, 2025.
  • The new CUSIP number for the shares will be G5865E121.
  1. Signature and Authority:
  • The report is signed by Sze Hon, Johnson Chen, the Chief Executive Officer of Magic Empire Global Limited, on February 10, 2025.

This information indicates a significant corporate action (share combination) that may impact shareholder value and market trading dynamics, relevant for investors and analysts following the company's performance.