New to this, but I'll give it a go.
Resolution 1 increases the companies authorised capital so in the future (during capital raises) they will have no issues.
Resolution 2 is the share consolidation. The ratio is 18:1. Your current shareholding's will be: Current holdings/ 18. So 18000 shares will now equal 1000 shares. SOI will reduce from 838m to 47m.
NASDAQ GLOBAL MARKET is written all through this announcement. I believe this is the section of the NASDAQ GMV is targeting. Not sure what this means overall but I do believe the min share price is $4 so if IPO goes ahead the minimum MC will be $190m USD + New shares on issue during IPO...
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- Ann: Notice of Extraordinary General Meeting
Ann: Notice of Extraordinary General Meeting, page-22
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