Company: PAVS
Filing Date: 2025-12-04
Form Type: 6-K
Source: 0001929980-25-000749
Chunk: 1

Company: Paranovus Entertainment Technology Ltd.
Filing Date: 2025-12-04
Form: 6-K
Chunk 1
---
 Appendix A to reflect, inter alia, the increase of the voting rights attached to each Class B ordinary share of the Company from twenty (20) votes to eighty (80) votes on any and all matters on a poll at any general meeting of the Company (the “Change of Voting Power”), in substitution for the Fifth M&A (the “Amendment to the Fifth M&A” and such proposal, the “Amended M&A Proposal”); |

| For        |     | Against |     | Abstain |
| 87,698,305 |     |  66,343 |     |   4,195 |

|    | Accordingly, the Amended M&A Proposal has been approved, subject to approval by the shareholders of Class B ordinary shares pursuant to the Fifth M&A. |
| 2. | That the following constitutes the votes with respect to the ordinary resolution of the shareholders to approve:                                       |

| (a) | that the Company effect one or more reverse share splits of its authorized, issued and outstanding share capital by way of consolidation at an exchange ratio of up to one-for-five thousand (1:5,000) in the aggregate (the “Share Consolidations”), such that the number of authorized, issued and outstanding shares is decreased by the applicable ratio and the par value of each authorized, issued and outstanding ordinary share is increased by the same ratio, as applicable, with each Share Consolidation to be effected at such time or times, and at a precise consolidation ratio or ratios, in each case as determined by the board of directors (the “Board”) in its absolute discretion within two (2) years following the date of the EGM, provided that the cumulative consolidation ratio for all such Share Consolidations shall not exceed 1:5,000 in the aggregate (the “Consolidation Ratio Cap”) (the “Share Consolidation Proposal”). |
| (b) | no fractional ordinary shares of the Company be issued in connection with each of the Share Consolidations; if a shareholder is entitled to receive a fractional ordinary share upon a Share Consolidation, the total number of ordinary shares to be received by such shareholder be rounded up to the next whole ordinary shares.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| (c) | the Board be authorized, at its absolute and sole discretion, to either (i) implement one or more Share Consolidations, and determine, at any time within two (2) years following the date of the EGM and subject to the Consolidation Ratio Cap, the