Etoiles Capital Group Completes Domestication to Nevada

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IPO:
Aug 08, 2025
Industry:
MANAGEMENT CONSULTING SERVICES

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Etoiles Capital Group Completes Domestication from Cayman Islands to Nevada

Hong Kong, Oct. 16, 2026 - Etoiles Capital Group Co., Ltd. (Nasdaq: EFTY), a company specializing in integrated investor relations services in Hong Kong, today announced the successful completion of its domestication process. The company has officially changed its jurisdiction of incorporation from the Cayman Islands to the State of Nevada, USA.

The domestication was approved by the company's shareholders at its annual general meeting held on October 15, 2026. The change became effective on October 19, 2026. As a result, each Class A ordinary share issued and outstanding will be automatically converted into one share of common stock of the continuing entity following the domestication.

Key Details of the Domestication

  • Shareholder Approval: The domestication received approval from shareholders on October 15, 2026.

  • Effective Date: The change of jurisdiction became effective on October 19, 2026.

  • Share Conversion: All existing Class A ordinary shares will convert into common stock of the Nevada entity on a one-for-one basis.

  • Trading Status: Trading in the company's Class A Ordinary Shares has been suspended since October 6, 2025, and remains suspended. The company's Common Stock is expected to commence trading on the Nasdaq under the symbol "EFTY" once trading resumes.

  • Shareholder Action: No action is required from existing shareholders regarding this domestication.

  • CUSIP Number: The company's CUSIP number will be changed to 29771T102.

  • Business Operations: Etoiles Capital Group does not anticipate any impact on its day-to-day business operations as a result of the domestication.

Further details regarding this corporate action will be provided in a Current Report on Form 8-K to be filed with the U.S. Securities and Exchange Commission (SEC).

About ETOILES CAPITAL GROUP CO., LTD

We are an exempted company with limited liability incorporated under the laws of the Cayman Islands on September 13, 2024, as a holding company. We conduct our operation through our indirect wholly-owned Hong Kong Operating Subsidiary, Etoiles Consultancy. Etoiles Financial, our other Hong Kong subsidiary, has no material operations of its own and is mainly used to handle administrative expenses. We operate in a single segment that represents the Company’s core business as an integrated investor relation service provider in Hong Kong.

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