SOLAI Limited said shareholders at an Aug. 14 extraordinary general meeting approved a capital restructuring that first expanded the company’s authorized Class A ordinary shares from 38.4 billion to 70 trillion on a pre-consolidation basis and then consolidated every 700 shares into one, leaving 100 billion authorized Class A ordinary shares. In post-consolidation terms, the previous authorization would have equaled about 54.86 million shares, making the new ceiling roughly 1,823 times larger. The company, formerly known as BIT Mining, did not identify a financing, acquisition, compensation plan or other specific use for the expanded capacity in its latest results release. SOLAI has been repositioning itself as a Solana treasury company and a public-market exposure vehicle for the Solana blockchain. The share reset follows the suspension of SOLAI’s American depositary shares by the New York Stock Exchange on July 16 after the company’s average global market capitalization over 30 consecutive trading days fell below the exchange’s $15 million minimum. An exchange Form 25 attachment later said SOLAI did not appeal within the 10-business-day window and that removal was scheduled to take effect Aug. 17. Deutsche Bank’s depositary record listed the sponsored ADR as active on the OTC Pink market under the symbol SLAIY at the reporting cutoff. SOLAI had reported 1.92 billion Class A shares issued and outstanding as of March 31 and later disclosed another 1.16 billion shares issued on June 2 as acquisition consideration, implying a pre-consolidation total of about 3.09 billion shares before any later changes. A simple 700-for-1 conversion of that figure would yield about 4.41 million shares, though holder-level rounding and any issuance, cancellation or adjustment after June 2 mean that is not a current cap table. On that limited basis, the apparent authorized but unissued capacity would be about 99.996 billion shares. The company’s July ADS ratio change from 100 to 700 ordinary shares per ADS through a one-for-seven ADS reverse split did not alter the underlying share count, and the latest company and depositary disclosures did not explain how that ratio will operate after the later ordinary-share consolidation.