Arax Holdings Corp (ARAT)

[SmallCapValueInvestor]

ARAX HOLDINGS CORP.
1600 B SW Dash Point Rd., #1068
Federal Way, Washington 98023
[phone]

NOTICE OF ACTION BY WRITTEN CONSENT OF MAJORITY STOCKHOLDER

THIS IS NOT A NOTICE OF A MEETING OF STOCKHOLDERS AND NO STOCKHOLDERS’ MEETING WILL BE HELD TO CONSIDER ANY MATTER DESCRIBED HEREIN

To the Stockholders of Arax Holdings Corp.:

Arax Holding Corp., a Nevada corporation, (“Company”, “we”, “our”, “us”) writes to advise you that, on December 20, 2022, a stockholder holding 90.63% of Company voting power (“Majority Shareholder”) executed a written consent (“Written Consent”) in lieu of a special meeting authorizing the Company’s Board of Directors (“Board”) to take all steps necessary to effect, as soon as practicable, an amendment (“Amendment”) to the Company’s Certificate of Incorporation increasing the number of authorized shares of common stock, par value $0.001, (“Common Stock”) from 75,000,000 to 950,000,000 shares. The Board has unanimously approved the Amendment. No action is required by you to effectuate the Amendment.

The Written Consent was executed and delivered in accordance with Nevada State law and our bylaws, each of which permit that any action which may be taken by a majority of the voting power of the Company’s stockholders at a stockholder meeting may also be taken by the written consent of the holder(s) of a majority of the voting power of the Company’s stockholders.

Arax Holding Corp., a Nevada corporation, is furnishing the accompanying Information Statement in accordance with the Securities Exchange Act of 1934, as amended, (“Exchange Act”) and the rules promulgated thereunder by the U.S. Securities and Exchange Commission to inform you of the Amendment before it becomes effective.

There are no dissenters’ rights afforded to stockholders as a result of the approval of the Amendment.

Pursuant to Rule 14c-2 promulgated under the Exchange Act, the earliest date that the Amendment can be filed with the Nevada Secretary of State and become effective is twenty (20) calendar days after the Information Statement is first sent or otherwise provided to Company stockholders.

The Amendment is more fully described in the accompanying Information Statement and a copy of the Amendment is attached to the Information Statement as Appendix A.

The entire cost of furnishing the Information Statement and related materials will be borne by the Company.

WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY

By Order of the Board of Directors
/s/ Michael Loubser

Michael Loubser
Chief Executive Officer and Chairman of the Board of Directors
December 30, 2022