Decent Holding shares rise 23.95% after-hours as EGM announced to approve major share consolidation.

Decent Holding surged 23.95% in after-hours trading following the announcement of a scheduled Extraordinary General Meeting (EGM) on February 23, 2026, to approve a major consolidation of its Class A and B ordinary shares. The move, which will also involve shareholder consideration of updated proposals, signals a strategic restructuring effort that could streamline the company’s capital structure or enhance shareholder value. Investors likely interpreted the upcoming vote as a positive catalyst, potentially unlocking growth opportunities or improving operational efficiency. The timing of the after-hours rally aligns with the news release, suggesting optimism about the consolidation’s potential to address long-term challenges or capitalize on market conditions.