1. Shareholders approved all proposals at the Extraordinary General Meeting. 2. Approval includes increased share capital and new share classes. 3. The enhancements bolster OFA Group's financial flexibility and growth initiatives. 4. Management sees milestone achievement for advancing core focus areas. 5. Strategic investments will support operational scalability and long-term value.
FAQ
Why Bullish?
The approvals indicate strong financial support and strategic growth potential, reminiscent of successful capital raises in tech firms. Historically, such shareholder backing tends to be followed by positive price movements.
How important is it?
The article highlights significant shareholder support and strategic direction, which directly impacts investor confidence and future valuations.
Why Long Term?
The strategic initiatives, including digital asset treasury, suggest sustained growth that may unfold over years. Similar companies have seen stock price appreciation as digital and AI markets have expanded.
OFA Group Announces Approval of Key Proposals at Extraordinary General Meeting
Los Angeles, CA, December 11, 2025 (GLOBE NEWSWIRE) — OFA Group (NASDAQ: OFAL), a global leader in architecture, technology, and digital-asset infrastructure, has successfully secured shareholder approval for all proposals during its Extraordinary General Meeting of Shareholders (EGM). The virtual meeting was held on November 24, 2025, at 5:00 p.m. Eastern Time, showcasing strong support for the Company's ongoing strategic vision and growth trajectory.
Key Proposals Approved
During the EGM, shareholders voted in favor of several pivotal proposals aimed at enhancing OFA Group's financial flexibility and facilitating future expansion. The approved initiatives include:
- An increase in authorized share capital
- Re-designation of share classes
- Adoption of the Second Amended and Restated Memorandum and Articles of Association
- Issuance of Class B Ordinary Shares
- Approval of the Series A Convertible Preferred Share Financing and related PIPE transaction documents
- Approval for the establishment of a Digital Asset Treasury
These changes position OFA Group to enhance its focus on critical areas, such as AI-powered design systems, real-world asset tokenization, and next-generation financial infrastructure.
Implications for Future Growth
The newly approved capital structure is anticipated to bolster OFA Group's ability to make strategic investments, increase operational scalability, and create long-term value. Management highlighted that the favorable outcome of the EGM serves as a significant milestone, laying a strong foundation for executing the Company’s ambitious growth strategy in the rapidly evolving landscape of technology and digital assets.
Management's Acknowledgments
OFA Group extends its heartfelt appreciation to all shareholders for their participation and continued confidence in the Company. Detailed voting results and updated proxy materials will be made available in accordance with U.S. Securities and Exchange Commission (SEC) requirements.
About OFA Group
OFA Group (NASDAQ: OFAL) is a diversified international company specializing in architecture, technology, and digital-asset infrastructure. The Company focuses on delivering AI-powered design solutions and innovative financial technologies through its subsidiaries dedicated to architecture, AI research, digital assets, and real estate innovation.
Forward-Looking Statements
This press release may contain forward-looking statements as defined by U.S. federal securities laws. These statements involve risks and uncertainties that could result in actual outcomes differing materially from those projected. OFA Group assumes no obligation to update any forward-looking statements except as required by law.
Contact Information
For further inquiries, please contact:
Investor Relations
OFA Group
Email: info@ofacorp.com
Website: www.ofacorp.com