SHAREHOLDERS’ EQUITY |
12 Months Ended | ||
|---|---|---|---|
Mar. 31, 2026 | |||
| Equity [Abstract] | |||
| SHAREHOLDERS’ EQUITY |
Ordinary Shares
Vantage Corp was established under the laws of Cayman Islands on April 2, 2024. The original authorized share capital of the Company was US$50,000 divided into Class A Ordinary Shares and Class B Ordinary Shares, par value US$ per share.
As of March 31, 2025, the Company had Class A ordinary shares issued and outstanding. During the year ended March 31, 2026, the Company issued an additional Class A ordinary shares in connection with its initial public offering, including the exercise of the underwriters’ over-allotment option. As of March 31, 2026, the Company had Class A ordinary shares issued, of which were outstanding.
As of March 31, 2025 and 2026, the Company had Class B ordinary shares issued and outstanding.
Share Repurchase Program
On November 5, 2025, the Company’s Board of Directors authorized a share repurchase program of up to US$1.0 million of the Company’s Class A ordinary shares. The share repurchase program is effective through December 31, 2026.
Treasury Shares
During the year ended March 31, 2026, the Company repurchased Class A ordinary shares under the share repurchase program for an aggregate purchase price of US$749,424, including brokerage commissions and other transaction costs. The repurchased shares are held as treasury shares and are presented as a deduction from shareholders’ equity in the consolidated balance sheets.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS |