Company: RHNO
Filing Date: 2025-05-15
Form Type: PRE 14C
Source: 0001641172-25-010450
Chunk: 2

Company: RHINO BITCOIN INC.
Filing Date: 2025-05-15
Form: PRE 14C
Chunk 2
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 OF THE SECURITIES EXCHANGE ACT OF 1934

PLEASE NOTE THAT THIS IS NOT A NOTICE OF A MEETING OF STOCKHOLDERS AND NO STOCKHOLDERS MEETING WILL BE HELD TO CONSIDER THE MATTERS DESCRIBED HEREIN. WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY.

GENERAL INFORMATION

This Information Statement is being mailed on or about May [ ], 2025, to the holders of record (the “Stockholders”) at the close of business on May [ ], 2025 (the “Record Date”) of shares of common stock, $0.0001 par value per share (the “Common Stock”) of Phoenix Plus Corp., a Nevada corporation (the “Company,” “we,” “us” or “our”), in connection with the approval of the Reverse Stock Split (as defined below) by the written consent of the Majority Stockholders (as defined below).

A copy of the form of the Certificate of Amendment to the Company’s Articles of Incorporation (the “Articles of Amendment”) is attached to this Information Statement as Exhibit A.

Action by Written Consent

The following action was approved by the written consent of the Majority Stockholders in lieu of a special meeting:

Approval of a reverse stock split of our Common Stock at a reverse stock split ratio of one for 50 (the “Reverse Stock Split”)

The Reverse Stock Split and the Articles of Amendment, substantially in the form attached to this Information Statement as Exhibit A, will become effective upon the acceptance of the Articles of Amendment with the Secretary of State of the State of Nevada, which will occur no earlier than 20 calendar days after this Information Statement is first mailed to our Stockholders.

Required Vote

The Common Stock is the only classes of outstanding voting stock of the Company. As of May [ ], 2025, there were 332,699,500 shares of Common Stock issued and outstanding. On May 15, 2025, the following holders of shares of the Common Stock, representing 86.45% of the outstanding voting power of the Company (the “Majority Stockholders”), executed the written consent of the Majority Stockholders approving the Reverse Stock Split:

| 3 |

| Name of Majority Stockholder |     | Number of Shares of Common Stock |             |     | Percent of Class |       |   |
| Radiance Holdings Corp       |     |                                  | 287,634,100 |     |                  |