Updated Mar 17, 2026 by 11 bit studios
11 bit studios S.A. authorized a private issuance of up to 500,000 Series D shares on November 10, 2011, to fund business development.
The share issuance increased the company's total share capital from 187,076.10 PLN to a maximum of 237,076.10 PLN, with a nominal value of 0.10 PLN per share.
Shareholders unanimously approved the waiver of pre-emptive rights and authorized the dematerialization and listing of the new shares on the NewConnect Alternative Trading System.
The company formalized a governance structure consisting of a General Meeting, a Supervisory Board, and a Management Board with three-year joint terms for board members.
Legal validity for the company requires dual representation, necessitating the signatures of two Management Board members or one member acting with a proxy.
The resolutions were passed with 45.48% of the share capital represented, aligning the firm's fiscal year with the calendar year to support its transition into a publicly traded entity.
11 bit studios S.A. authorized a private issuance of up to 500,000 Series D shares on November 10, 2011, to fund business development.
The share issuance increased the company's total share capital from 187,076.10 PLN to a maximum of 237,076.10 PLN, with a nominal value of 0.10 PLN per share.
Shareholders unanimously approved the waiver of pre-emptive rights and authorized the dematerialization and listing of the new shares on the NewConnect Alternative Trading System.
The company formalized a governance structure consisting of a General Meeting, a Supervisory Board, and a Management Board with three-year joint terms for board members.
Legal validity for the company requires dual representation, necessitating the signatures of two Management Board members or one member acting with a proxy.
The resolutions were passed with 45.48% of the share capital represented, aligning the firm's fiscal year with the calendar year to support its transition into a publicly traded entity.