Lendway shares surge 16.67% premarket after shareholders approve 10M share increase and credit line expansion.

Lendway Inc. surged 16.67% in premarket trading following shareholder approval of a share authorization increase and strategic financial updates. The company expanded its authorized common shares from 5.7 million to 10 million, approved at the 2025 Annual Meeting, alongside electing six directors and securing $10 million in temporary credit line expansion (from $6 million) and $4 million in new notes. These moves, aimed at enhancing liquidity and operational flexibility, were highlighted in the 8-K filing and press releases, signaling improved financial positioning. The premarket rally aligns with investor optimism over capital structure adjustments and expanded credit capacity, despite prior 52-week lows.