Waste Energy Corp. has announced an amendment to its Articles of Incorporation to significantly increase the number of authorized shares of common stock. The amendment, approved by the Board of Directors on September 18, 2026, raised the authorized share count from 400,000,000 to 1,600,000,000 shares. The par value of the common stock remains $0.001 per share.
The amendment was approved by stockholders via written consent rather than a special meeting. As of the record date of September 18, 2026, 329,375,544 shares were issued and outstanding. The Company received valid written consents from holders representing 165,950,837 shares, or 50.38% of the issued stock, which exceeded the 164,687,673 shares required for approval. No shares were voted against the amendment.
The Company filed the Certificate of Amendment with the Secretary of State of Nevada on September 26, 2026. The amendment becomes effective on September 29, 2026, at 9:00 a.m. Eastern Time. The filing includes the Certificate of Amendment as Exhibit 3.1.