Goldenwise Capital Group Ltd has made a significant move in its ongoing efforts to influence the governance of Phunware, Inc. The company filed an amendment to its proxy statement on November 3, 2026, aimed at clarifying voting instructions for shareholders ahead of the upcoming annual meeting.

The amendment comes as Goldenwise seeks to secure support for Mona (Xuan) Zhang's nomination to Phunware's Board of Directors. The annual meeting is scheduled for December 17, 2026, and will be held virtually.

Background

Goldenwise Capital Group Ltd, incorporated in Hong Kong, is a company focused on investment and capital management. It has been actively involved in the governance of Phunware, Inc., a technology firm specializing in mobile software solutions. The company has made several recent filings with the SEC, including a definitive proxy statement on November 2, 2026, and a preliminary proxy statement on October 21, 2026.

What the Filing Says

The recent filing clarifies a specific section of the previously submitted proxy statement. It states, "This proxy will be voted as directed. If no direction is indicated with respect to Proposal 1 of the proposals on the reverse, this proxy will be voted 'FOR' Mona (Xuan) Zhang." This change is critical as it ensures that shareholders understand how their votes will be cast regarding the election of directors.

Impact

This amendment may significantly affect shareholders of Phunware, Inc., particularly those who are undecided about their voting preferences. By clarifying the voting process, Goldenwise aims to consolidate support for its nominee, which could shift the balance of power within Phunware's board.

What's Next

Following this amendment, shareholders can expect to receive updated proxy materials that incorporate these changes. The annual meeting will proceed as planned on December 17, 2026, where the voting will take place.

For more details, the filing can be accessed through the SEC's website under accession number 0001062993-26-005685.