Enlightify Inc. 8-K

What Happened

• Enlightify Inc. (ENFY) filed an 8-K reporting results of its annual shareholders meeting held January 8, 2026 (Beijing Time). Holders of 11,365,209 shares (72.1% of 15,769,434 outstanding shares) were present by proxy, constituting a quorum.
• Seven director nominees — Zhuoyu Li, Jian Huang, Xiaolai Li, Cui Song, Tianping Cai, Lianfu Liu, and Jinjun Lu — were elected to the board to serve until the next annual meeting or until successors are elected.
• Shareholders approved an amendment to the Company’s 2023 Equity Incentive Plan, authorized an issuance of common stock, and approved a reverse stock split of common stock at a ratio between 1-for-5 and 1-for-20.

Key Details

• Meeting date / quorum: January 8, 2026; 11,365,209 shares present by proxy (72.1% of 15,769,434).
• Director election votes (For / Withheld): Zhuoyu Li 7,711,389 / 27,742; Jian Huang 7,711,389 / 27,742; Xiaolai Li 7,711,364 / 27,767; Cui Song 7,709,222 / 29,909; Tianping Cai 7,709,213 / 29,918; Lianfu Liu 7,711,364 / 27,767; Jinjun Lu 7,709,122 / 30,009. There were 3,626,078 broker non-votes for Proposal No. 1.
• Equity plan amendment (Proposal No. 2): Approved — For 7,301,094; Against 432,049; Abstain 5,988. Broker non-votes: 3,626,078.
• Issuance of common stock (Proposal No. 3): Approved — For 7,295,935; Against 442,024; Abstain 1,172. Broker non-votes: 3,626,078.
• Reverse stock split (Proposal No. 4): Approved — For 9,905,532; Against 706,125; Abstain 753,552. No broker non-votes were recorded for this proposal. Approved split range: any ratio between 1-for-5 and 1-for-20.

Why It Matters

• Board continuity: The re-election of seven directors maintains the current board makeup, which affects governance and strategic decision-making.
• Equity plan and issuance approvals: With the amendment to the 2023 Equity Incentive Plan and authorization to issue shares, the company can grant equity awards and issue common stock in the future, which may dilute existing shareholders when executed.
• Reverse split approval: Shareholders authorized a reverse split (1-for-5 to 1-for-20). If the board implements a reverse split, the number of outstanding shares would be reduced and the per-share price would increase proportionally, which can affect share count, per-share metrics and trading liquidity. The filing does not state whether or when the board will implement the reverse split or the exact ratio to be used.