Agroz Inc. Updates Share Structure and Renames Class A Ordinary Shares

The rebranding effort stems from the adoption of the company's Second Amended and Restated Memorandum and Articles of Association. This document formalizes a new dual-class share structure and significantly expands the authorized share capital. Under the new arrangement, the firm is now authorized to issue 1,000,000,000 Class A shares, 5,000,000 Class B shares, and 15,000,000 redeemable convertible preference shares.

To facilitate this expansion, the company re-designated 100,000,000 existing ordinary shares and created 900,000,000 additional Class A units alongside 5,000,000 Class B units. These changes, which were backed by a shareholder vote, are designed to align the company's equity framework with its long-term operational goals in the indoor Controlled Environment Agriculture sector. Agroz continues to focus on its proprietary Agroz OS system, which integrates automated hardware and software solutions to manage its vertical farming facilities.