ABU DHABI, United Arab Emirates, Dec. 29, 2025 — NIP Group Inc. (“NIP Group” or the “Company”) (NASDAQ: NIPG), a prominent digital entertainment firm, announced today that its extraordinary general meeting of shareholders (the “EGM”) took place in Hong Kong on December 29, 2025. At the EGM, the following proposed resolutions were duly adopted:
- via a special resolution that, contingent on Resolution 2 being passed, the Company’s authorized share capital be revised FROM US$200,000 split into 2,000,000,000 shares consisting of (i) 1,847,982,728 Class A ordinary shares with a par value of US$0.0001 each (the “Class A Ordinary Shares”), (ii) 98,567,748 Class B1 ordinary shares with a par value of US$0.0001 each (the “Class B1 Ordinary Shares”), and (iii) 53,449,524 Class B2 ordinary shares with a par value of US$0.0001 each (the “Class B2 Ordinary Shares” — together with Class B1 Ordinary Shares, the “Class B Ordinary Shares”) — where each class is determined by the Company’s board of directors per its then-effective memorandum and articles of association — TO US$200,000 split into 2,000,000,000 shares consisting of (i) 1,756,459,263 Class A Ordinary Shares, (ii) 148,331,658 Class B1 Ordinary Shares, and (iii) 95,209,079 Class B2 Ordinary Shares (again, as determined by the board per the current memorandum and articles), through (a) reclassifying 49,763,910 of the authorized but unissued Class A Ordinary Shares to Class B1 Ordinary Shares, and (b) reclassifying 41,759,555 of the authorized but unissued Class A Ordinary Shares to Class B2 Ordinary Shares.
- via a special resolution that the Company’s current Ninth Amended and Restated Memorandum and Articles of Association be fully revised by replacing them entirely with the Tenth Amended and Restated Memorandum and Articles of Association (as attached as Exhibit A to the Extraordinary General Meeting Notice) to implement the changes outlined in Resolution 1 above.
- via an ordinary resolution that (i) the Company shall prepare, sign, execute, and submit all relevant agreements, letters, notices, certificates, acknowledgments, instructions, and other documents (of any type) related to the matters in the above resolutions — as deemed necessary or appropriate by any Company director or officer — to ensure the implementation, completion, or fulfillment of all or any of those matters; and (ii) any single director, officer, or the Company’s registered office provider is hereby authorized to take any necessary, suitable, or desirable action to carry out the above resolutions, at their sole discretion, including (but not limited to) handling filing or registration procedures on the Company’s behalf in the Cayman Islands.
About NIP Group
NIP Group (NASDAQ: NIPG) operates at the intersection of Bitcoin mining, computing infrastructure, and global digital entertainment. With a decade of gaming heritage and industry leadership, the Company infuses digital asset operations with a cultural, community-focused edge. Headquartered in Abu Dhabi and boasting teams across the globe, NIP Group combines substantial computing capacity with a global gaming and entertainment ecosystem — including esports teams, live events, and content networks — that reaches hundreds of millions of fans.
Safe Harbor Statements
This press release includes statements that qualify as “forward-looking” statements. These statements are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by terms like “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” or similar expressions. Among other items, the business outlook, management quotes in this release, and NIP Group’s strategic and operational plans contain forward-looking statements. NIP Group may also issue written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), annual report to shareholders, press releases, other written materials, or oral statements by its officers, directors, or employees to third parties. Non-historical statements — including (but not limited to) those about NIP Group’s beliefs, plans, and expectations — are forward-looking. Forward-looking statements carry inherent risks and uncertainties. Multiple factors could cause actual results to differ materially from those in any forward-looking statement, including (but not limited to): NIP Group’s growth strategies; its future business development, operating results, and financial condition; its ability to preserve and boost brand recognition and reputation; changes in relevant government laws, regulations, or policies affecting NIP Group’s industry; global economic and business conditions, as well as those in regions where NIP Group operates; and assumptions related to any of the above. Additional details on these and other risks are in NIP Group’s SEC filings. All information in this release is current as of the release date, and NIP Group has no obligation to update any forward-looking statement unless required by applicable law.
For investor and media inquiries, please contact:
NIP Group Inc.
Investor Relations: ir@nipgroup.gg
Public Relations: pr@nipgroup.gg
