NIPG News & Events

NIP Group announced that it has received a written notification from the staff of Nasdaq dated March 24 indicating that for the last 32 consecutive business days, the closing bid price of the company's American depositary shares was below the minimum bid price requirement of $1.00 per share set forth in Nasdaq Listing Rule 5450. The deficiency letter has no current effect on the listing or trading of the company's ADSs on Nasdaq.

NIP Group reported that its Bitcoin mining operations produced approximately 151.4 BTC during the initial operating period from September through November 2025, representing approximately $14.2 million at current prices. The Company also announced that on January 15, 2026, following the previously disclosed Tranche 2 transaction and ongoing deployment activities, the Company's Bitcoin mining capacity online reaches 9.66 EH/s, positioning NIPG among the top 20 publicly traded Bitcoin miners listed in the United States and the largest in the Middle East and North Africa by disclosed capacity. The remaining batches of the transaction are expected to close in January 2026. Consideration for the remaining batches will be settled through convertible notes. Upon completion of the final batch, the Company expects its total operating mining capacity to reach approximately 11.3 EH/s.

NIP Group announced that the Company's extraordinary general meeting of shareholders was held in Hong Kong on December 29. During the EGM, the following proposed resolutions were duly passed: by a special resolution that, subject to the passing of Resolution 2, the Company's authorized share capital be amended FROM $200,000 divided into 2,000,000,000 shares comprising 1,847,982,728 Class A ordinary shares of a par value of $0.0001 each, 98,567,748 Class B1 ordinary shares of a par value of $0.0001 each, and 53,449,524 Class B2 ordinary shares of a par value of $0.0001 each, each of such class or classes as the Company's board of directors may determine in accordance with the memorandum and articles of association of the Company then in effect TO $200,000 divided into 2,000,000,000 shares comprising 1,756,459,263 Class A Ordinary Shares, 148,331,658 Class B1 Ordinary Shares, and 95,209,079 Class B2 Ordinary Shares, each of such class or classes as the Company's board of directors may determine in accordance with the memorandum and articles of association of the Company then in effect, by re-designating and re-classifying 49,763,910 of the authorized but unissued Class A Ordinary Shares as Class B1 Ordinary Shares, and re-designating and re-classifying 41,759,555 of the authorized but unissued Class A Ordinary Shares as Class B2 Ordinary Shares. by a special resolution that the Ninth Amended and Restated Memorandum and Articles of Association of the Company currently in effect be amended and restated by the deletion in their entirety and by the substitution in their place of the Tenth Amended and Restated Memorandum and Articles of Association in the form attached as Exhibit A to the Notice of Extraordinary General Meeting to reflect the proposed amendments set out in the foregoing Resolution 1. by an ordinary resolution that the Company give, make, sign, execute and deliver all such agreements, letters, notices, certificates, acknowledgements, instructions and other documents in relation to the matters contemplated in the foregoing resolutions as may be considered necessary or desirable by any director or officer of the Company for the purpose of the coming into effect of or otherwise giving effect to, consummating or completing or procuring the performance and completion of all or any of the matters described in the foregoing resolutions, and any one director or officer or the registered office provider of the Company be and is hereby authorized to take any and every action that might be necessary, appropriate, or desirable to give effect to the foregoing resolutions as such director or officer or the registered office provider, in his/her/its absolute discretion, thinks fit, including but not limited to, attendance on any filing or registration procedures for and on behalf of the Company in the Cayman Islands.