ICZOOM shares rise 11.11% premarket after announcing EGM for shareholder-driven board and management changes.

ICZOOM Group Inc. surged 11.11% in premarket trading following the announcement of an extraordinary general meeting (EGM) scheduled for February 27, 2026, to address shareholder-requisitioned board and management changes. The EGM, triggered by a December 5 shareholder request, will allow shareholders to vote on proposed leadership adjustments, with voting rights granted to those of record as of February 2. While the meeting reflects underlying shareholder dissatisfaction with current governance, the company framed the move as a proactive step to enhance transparency and governance. The premarket rally may reflect investor optimism about potential leadership improvements or a positive interpretation of the company’s responsiveness to stakeholder concerns, despite the EGM’s origins in discontent.