Gentoo Media Seeks Shareholder Nod for Insider-Backed Share Issue
Birkirkara – October 01, 2026 -- Gentoo Media Inc. has called an Extraordinary General Meeting of Shareholders for 2 November 2026 in Stockholm to approve a capital structure overhaul that would pave the way for a directed share issue fully underwritten by three of its largest shareholders.
Board seeks to raise authorized Common Stock to 250 million shares and create a new Class Z class
The Board of Directors is proposing a Third Amended and Restated Certificate of Incorporation that would lift authorized Common Stock from 200,000,000 to 250,000,000 shares, $0.001 par value each, while creating an additional class of 100,000,000 shares designated Class Z Common Stock. As of the notice date, Gentoo Media had 134,707,976 shares of Common Stock outstanding, each carrying one vote.