Arax Holdings Corp (ARAT)

[rhopton]

OUCH, 75 million to 950 million

The Arax Board of Directors (“Board”) is furnishing this Information Statement to inform stockholders as of December 20, 2022 (“Record Date”) that, on December 19, 2022, a stockholder of voting shares representing 90.63% of the voting power of the total issued and outstanding voting shares of the Company (“Majority Stockholder”) authorized by written consent (“Written Consent”) an 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. The Board unanimously approved the amendment (“Amendment”).