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The9 ( (NCTY) ) has shared an announcement.
The9 Limited, a company incorporated in the Cayman Islands, has adopted a fourth amended and restated memorandum and articles of association as per a special resolution passed on December 27, 2024. This amendment provides the company with the flexibility to conduct business within any legal limits set by the Companies Act of the Cayman Islands. The authorized share capital is set at $500 million, allowing for the issuance of various classes of shares, including Class A and Class B ordinary shares. The changes signify a strategic move to potentially enhance the company’s operational capabilities and adaptability within its market.
More about The9
YTD Price Performance: 114.55%
Average Trading Volume: 150,061
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $144.4M
For an in-depth examination of NCTY stock, go to TipRanks’ Stock Analysis page.
