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AIOS Tech (AIOS) stock surged over 200% on Friday to hit its best day on record, after the company scheduled an Extraordinary General Meeting (EGM) to vote on a massive increase in the voting power of Class B common shares from 5 votes to 100 votes per share.
AIOS, a British Virgin Islands-based company, will hold its EGM on May 29, 2026, in Kowloon, Hong Kong. The Board of Directors fixed April 29, 2026, as the record date, at which time there were 3.25 million Class A shares outstanding and zero Class B shares outstanding, the company announced in an SEC filing.
Despite no Class B shares currently being in circulation, the meeting seeks to radically redefine their future influence.
Generally, Class A shares are intended for founders or early investors, which gives them higher voting power and priority for dividends, while Class B shares are marketed to the general public or retail investors.
AIOS stock also saw unusually high trading volume, with 5.6 million shares changing hands on May 1.
The central resolution of the EGM is to increase the voting rights of Class B common shares. Currently, each Class B share is entitled to 5 votes; the proposal seeks to increase this to 100 votes per share.
The company also proposed adopting an amended memorandum and article of association to reflect the new 100-to-1 voting ratio for Class B shareholders.
Retail sentiment on Stocktwits was ‘extremely bullish’ with ‘extremely high’ message volumes.
One user expressed bullishness by “loading up” more shares.
The stock has gained 25% year-to-date.