Earlyworks Co., Ltd. Sponsored ADR (ELWS) has released an update.
In a significant move by Earlyworks Co., Ltd., the company’s shareholders have approved a resolution to reduce its share capital by a substantial amount, with the reduction being converted into capital surplus. The decision came into effect at the extraordinary general meeting held on April 26, 2024, with a majority vote in favor. This capital restructure is set to take effect at the end of April 2024.
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