Classover authorizes 2.5B share increase, reverse split up to 1-for-50, CEO stock sale

Filed June 10, 2026 · Period ending June 10, 2026 · ~1 min read

Key Changes

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  Shareholders approved increasing authorized Class B common stock to 2.5 billion shares, creating massive dilution capacity. Company filed Certificate of Amendment with Nevada to effectuate the change.

  Item 5.07: Shareholder Vote verify on EDGAR →
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  Board authorized to execute reverse stock split at ratio between 1-for-2 and 1-for-50, typically used for exchange listing compliance or to reduce share count after dilutive events.

  Item 5.07: Shareholder Vote verify on EDGAR →
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  Shareholders approved issuing Class B shares to Solana Growth Ventures LLC under December 2025 Exchange Agreement for Nasdaq compliance purposes.

  Item 5.07: Shareholder Vote verify on EDGAR →