Green Stream Holdings Inc. 8-K

What Happened
Green Stream Holdings, Inc. announced on March 19, 2026 that it completed a redomicile (change of state of incorporation) from Wyoming to California and adopted new California bylaws. The Board also adopted resolutions confirming that all previously issued Wyoming shares were continued and recognized as issued and outstanding shares of the California entity and that existing shareholders retain their prior ownership percentages and rights.

Key Details

• Redomicile effective March 19, 2026; new bylaws filed as Exhibit 3.2.
• Authorized capital stock: 1,012,000,000 total shares — 1,000,000,000 common shares (par $0.001) and 12,000,000 preferred shares (par $0.001) divided into Series A, B, and C Convertible Preferred Stock.
• Series B preferred holders, voting as a class, are entitled to 99% of total shareholder voting power on all matters, regardless of common shares outstanding.
• Series A and Series C convertible preferred convert at 1,000 preferred shares for 1 common share, each subject to a 9.99% beneficial ownership limitation.
• Bylaws provide no automatic preemptive rights for shareholders (only if board authorizes) and do not permit cumulative voting for director elections.
• Board resolutions authorize officers to update corporate records, notify transfer agents, and ensure compliance with applicable requirements following the redomicile.

Why It Matters
The redomicile itself preserves shareholder ownership and the company’s capital structure but shifts the company’s governing law to California and implements new governance provisions via the bylaws. The allocation of voting power—specifically the Series B class holding 99% of voting power—directly affects corporate control and how shareholder votes will be decided. Conversion terms for Series A and C preferred (1,000:1) and the 9.99% ownership cap are important for understanding potential future dilution and ownership limits. Investors should note the changes to shareholder rights (no automatic preemptive rights and no cumulative voting), which can influence minority shareholder protections and governance outcomes.