Business
J-Star Announces Approval of Dual Class Share Structure by Shareholders
TAICHUNG CITY, Taiwan, Dec. 09, 2025 (GLOBE NEWSWIRE) -- J-Star Holding Co., Ltd. (Nasdaq: YMAT) (“J-Star” or the “Company”), a leading provider of innovative carbon fiber and composite solutions across a wide range of applications including personal sports equipment, healthcare products, automobile parts, resin systems, and research and development services, today announced the results of the shareholder votes from its 2025 general meeting of shareholders (the “Meeting”). The Meeting was conduc
About this update from J-star Holding Co., Ltd.
[{"type":"image","alt":"J-Star Holding Co., Ltd","displaySize":"","headline":null,"caption":"J-Star Holding Co., Ltd","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":72,"url":"https://media.zenfs.com/en/globenewswire.com/2eab336bb8a8e0cfdca59df70d234f2c"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/P5blT.5bA8cWPmIP4ILHvg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEwMTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/2eab336bb8a8e0cfdca59df70d234f2c","width":300,"height":72}},"lazy":false},{"type":"text","content":"TAICHUNG CITY, Taiwan, Dec. 09, 2025 (GLOBE NEWSWIRE) -- J-Star Holding Co., Ltd. (Nasdaq: YMAT) (“J-Star” or the “Company”), a leading provider of innovative carbon fiber and composite solutions across a wide range of applications including personal sports equipment, healthcare products, automobile parts, resin systems, and research and development services, today announced the results of the shareholder votes from its 2025 general meeting of shareholders (the “Meeting”). The Meeting was conducted on December 9, 2025.","length":524,"tagName":"p"},{"type":"text","content":"At the Meeting, shareholders of the Company approved the proposals that:","length":72,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"The amendment of the Company’s authorized share capital by:","length":59,"tagName":"p"},{"type":"list","items":[],"tagName":"ol","bulletedList":false,"length":0}]},{"val":[{"type":"text","content":"re-designating and re-classifying 17,200,387 issued ordinary shares of US$0.50 par value each (the “Ordinary Shares”) as 17,200,387 Class A Ordinary Shares of US$0.50 par value each, with the rights of the existing Ordinary Shares remaining unchanged;","length":251,"tagName":"p"}]},{"val":[{"type":"text","content":"re-designating and re-classifying 11,702,430 authorized but unissued Ordinary Shares of US$0.50 par value each as 11,702,430 Class A Ordinary Shares;","length":149,"tagName":"p"}]},{"val":[{"type":"text","content":"cancelling 6,097,183 authorized but unissued Ordinary Shares and creating 6,097,183 Class B Ordinary Shares of US$0.50 par value each (each Class B Ordinary Share being entitled to ten (10) votes) (the “Share Capital Reorganisation”).","length":234,"tagName":"p"}]},{"val":[{"type":"text","content":"Increasing the authorized share capital of the Company, immediate...