Global Engine Group Clarifies Home Country Rule Exemption in 2024 Governance Report

Reuters
Aug 07
Global Engine Group Clarifies Home Country Rule Exemption in 2024 Governance Report

Global Engine Group Holding Ltd. has clarified its corporate governance practices in a new report, emphasizing its exemption from certain Nasdaq Rules due to its status as a foreign private issuer from the British Virgin Islands. The company is not required to obtain shareholder approval for certain securities issuances, as per Nasdaq Rule 5635, thanks to legal certification by its British Virgin Islands counsel. The report also highlights the adoption of the 2025 Equity Incentive Plan, effective August 8, 2025. The original document can be accessed through the link below.

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