Share-based compensation |
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| Share-Based Payment Arrangement [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-based compensation |
Restricted share units granted upon 2024 Plan
On October 31, 2024, the Board of Directors of the Company approved the 2024 Equity Incentive Plan (the “2024 Plan”), under which, the Board of Directors adopt an equity incentive plan for the purpose of attracting and retaining services of the best available personnel, providing additional incentives to employees, officers, directors and external persons, and promoting the success of the Group as a whole. The maximum aggregate number of Class A ordinary shares that may be issued for all purposes under the 2024 Plan shall be million.
The Company granted two traches of restricted share units (“RSUs”) under the 2024 Plan in November 2024 and December 2024, respectively. The RSUs were granted to eligible managements and employees.
On January 19, 2026, the Company’s Board of Directors approved the Third Amended and Restated 2024 Equity Incentive Plan, increasing the number of Class A ordinary shares reserved for issuance under the plan by shares to an aggregate of shares. On January 21, 2026, the Company filed a registration statement on Form S-8 with the SEC to register the additional Class A ordinary shares reserved under the plan. After giving retrospective effect to the one-for-ten share consolidation completed on March 23, 2026, the additional shares registered and the total shares authorized under the plan were equivalent to shares and shares, respectively. The registration of these shares did not, by itself, constitute the issuance of shares or the granting of share-based awards.
AUTOZI INTERNET TECHNOLOGY (GLOBAL) LTD. NOTES TO THE unaudited INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED MARCH 31, 2025 AND 2026 (In U.S. dollars in thousands, except share and per share data
As of March 31, 2026, the unrecognized compensation cost was .
The following table summarized the Group’s restricted share unit activities during the six months ended March 31, 2026.
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