Paranovus Entertainment Technology Ltd. Approves Capital Reduction in Share Par Value

Reuters

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<a href="https://laohu8.com/S/PAVS">Paranovus Entertainment</a> Technology Ltd. Approves Capital Reduction in Share Par Value

Paranovus Entertainment Technology Ltd. reported shareholder approval of a capital reduction that will cut the par value of its authorized Class A, Class B and preferred shares from $1.00 per share to $0.000001 per share on a one-million-to-one basis. The company said there will be no share cancellation or redemption, no change in the number of shares outstanding, and no return of capital to shareholders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paranovus Entertainment Technology Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001929980-26-000046), on February 18, 2026, and is solely responsible for the information contained therein.

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Approves Capital Reduction in Share Par Value","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/PAVS\">Paranovus Entertainment</a> Technology Ltd. Approves Capital Reduction in Share Par Value\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Paranovus Entertainment Technology Ltd. reported shareholder approval of a capital reduction that will cut the par value of its authorized Class A, Class B and preferred shares from $1.00 per share to $0.000001 per share on a one-million-to-one basis. 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Approves Capital Reduction in Share Par Value\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-02-19 05:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/PAVS\">Paranovus Entertainment</a> Technology Ltd. Approves Capital Reduction in Share Par Value\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Paranovus Entertainment Technology Ltd. reported shareholder approval of a capital reduction that will cut the par value of its authorized Class A, Class B and preferred shares from $1.00 per share to $0.000001 per share on a one-million-to-one basis. The company said there will be no share cancellation or redemption, no change in the number of shares outstanding, and no return of capital to shareholders.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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ID: 0001929980-26-000046), on February 18, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PAVS","symbol_name":"幸福来","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260218:nNDL79FFPk:1","article_id":"2612429616","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612429616","pubTimestamp":1771449002,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Paranovus Entertainment Technology Ltd. reported shareholder approval of a capital reduction that will cut the par value of its authorized Class A, Class B and preferred shares from $1.00 per share to $0.000001 per share on a one-million-to-one basis. The company said there will be no share cancellation or redemption, no change in the number of shares outstanding, and no return of capital to shareholders.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paranovus Entertainment Technology Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on February 18, 2026, and is solely responsible for th","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PAVS":"幸福来","BK4183":"个人用品"},"translate_title":"Paranovus Entertainment Technology Ltd.批准减股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PAVS":0.9},"content_text":"Paranovus Entertainment Technology Ltd. Approves Capital Reduction in Share Par Value\n    \n\n        Paranovus Entertainment Technology Ltd. reported shareholder approval of a capital reduction that will cut the par value of its authorized Class A, Class B and preferred shares from $1.00 per share to $0.000001 per share on a one-million-to-one basis. The company said there will be no share cancellation or redemption, no change in the number of shares outstanding, and no return of capital to shareholders.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paranovus Entertainment Technology Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001929980-26-000046), on February 18, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}