Intchains Group Ltd V.ICG

Primary Symbol: ICG

Technology Semiconductors

Intchains Group Ltd is a provider of integrated solutions consisting of computing application specific integrated circuit (ASIC) chip products for blockchain applications and a corporate holder of cryptocurrencies based on Ether (ETH). The Company utilizes a fabless business model and specializes in the front-end and back-end of Integrated circuit (IC) design, the two components of the IC product development chain. The Company’s products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware, the products are mainly used in the blockchain industry. The Company had built a technology platform named Xihe. The Company has developed hardware models and several systems under the Xihe Platform, including a factory production test system, an after-sales data system, a computing server system and a batch management system.

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Intchains Group Ltd

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Post by wwadehammeron Jun 28, 2017 11:11pm

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Post# 26417426

Shares Entitled to Vote

Last chance to vote is 1 p.m. tomorrow EST.

Q: How many Integra Shares are entitled to vote?

A: As of June 5, 2017, there were 486,531,844 Integra Shares entitled to vote at the Meeting. Each Integra Shareholder is entitled to one vote for each Integra Share held by such holder.

Q: What vote is required at the Meeting to approve the Arrangement Resolution?

A: The Arrangement Resolution must be approved by (a) at least two-thirds of the votes cast at the Meeting by Integra Shareholders, present in person or represented by proxy and entitled to vote at the Meeting (324,354,562 votes), and (b) a simple majority of the votes cast at the Meeting by Integra Shareholders present in person or represented by proxy and entitled to vote at the Meeting, excluding the votes cast in respect of Integra Shares held by Eldorado and any other interested party (243,265,922 votes).

If management scum have enough yes votes tomorrow, the scum will announce it. If not, the scum might postpone the July 4 meeting to a later date hoping Eldorado's SP goes back up to a point shareholders will vote yes. The only thing that could gum things up is if the big boys plan to vote on July 4 and could tip the vote either way. I'm surprised there hasn't been an announcement at this late date. There's still hope. GLTA