v3.25.2
Equity
 9 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Equity

 

7.Equity

 

As of June 30, 2025, the Company had 101,000,000 (September 30,2024: 21,000,000) shares of all classes of capital stock, each with a par value of US$0.0001 per share, authorized and available to issue for purposes of capital financing, consisting of (a) 80,000,000 (September 30, 2024: 19,000,000) shares of class A common stock, (b) 20,000,000 (September 30, 2024: 1,000,000) shares of class B common stock, and (c) 1,000,000 (September 30, 2024: 1,000,000) shares of preferred stock.

 

On October 8, 2024, the shareholders and Board of Directors of the Company approved a 20 for 1 forward stock split (the “Stock Split”) of the Company’s authorized, issued and outstanding shares of common stock, par value US$0.0001. Each pre-split share of common stock outstanding was automatically converted into 20 new shares of common stock. As a result, 600,000 shares of post-split Class B Common Stock were converted into Class A Common Stock, and the outstanding Class A and Class B Common Stock after the Stock Split were 600,000 shares and 19,400,000 shares, respectively.

 

In October 2024, the Company had filed a Certificate of Amendment with the Office of the Secretary of State of Delaware to effective an increase in the Company’s authorized shares of capital stock to 101,000,000 shares each with a par value of US$0.0001 per share, consisting of 80,000,000 shares of Class A Common Stock, 20,000,000 shares of Class B Common Stock and 1,000,000 shares of preferred stock.

 

During the nine months ended June 30, 2025, shareholders had subscribed total 418,500 shares of Class A common stock of the Company, at a price of US$4.00 per share, an aggregate of US$1,674,000. As of June 30, 2025, subscription proceeds of US$947,174 was received by the Company and the outstanding subscription amount of US$726,826 was recorded as a subscription receivable.

 

As of June 30, 2025, the Company had 20,418,500 (September 30,2024: 1,000,000) issued and outstanding shares of common stock with total value of US$2,042 (September 30,2024: US$100) which was presented in the Group’s consolidated balance sheets. During the nine months ended June 30, 2025 and 2024, no preferred stock was issued and converted.