One World Products, Inc. has announced a major corporate restructuring, including a name change and an increase in its authorized shares. This strategic move is intended to enhance the company's operational flexibility and position it for future growth in the pharmaceutical preparations industry.
The decision was made official in a recent filing with the Securities and Exchange Commission. The company will change its name to Isiah Enterprises, Inc., and increase the authorized number of shares of common stock from 300 million to 1 billion. This action was approved by a written consent of the holder of a majority of the voting power of the company as of September 18, 2026.
Background
One World Products, Inc., incorporated in Nevada, operates in the pharmaceutical preparations sector, as denoted by its Standard Industrial Classification (SIC) code 2834. The company trades under the ticker OWPC and has been involved in various filings, including its most recent DEF 14C on November 13, 2026, which outlines the changes to its corporate structure.
What the Filing Says
The filing states, "The approval of an amendment to the Company’s Articles of Incorporation, as amended, to (a) change the Company’s corporate name to 'Isiah Enterprises, Inc.' and (b) increase the authorized number of shares of common stock of the Company from 300,000,000 shares to 1,000,000,000 shares." This amendment is set to be filed no sooner than 20 days after the definitive information statement is mailed to shareholders.
Impact
The changes will affect shareholders of One World Products, particularly those who have not previously consented to the name change and increase in authorized shares. The company aims to streamline its operations and potentially attract new investors with the increased share count, which may provide more flexibility in raising capital.
What's Next
The changes will become effective on or about December 3, 2026, following the required notice period. The company will distribute the definitive information statement to shareholders, ensuring compliance with SEC regulations.
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