Red Light Holland Corp. (CSE: TRIP) announced shareholders approved a corporate name change at the company's annual meeting held May 11, 2026, in Toronto. The special resolution received what the company described as overwhelming shareholder support.

The company stated it continues to evaluate and finalize the new corporate name and will announce the effective date once regulatory authorities and the Canadian Securities Exchange complete their processes.

Shareholders also approved the re-appointment of the company's auditor, a proposed share consolidation, and elected all nominated directors. The elected directors are Todd Shapiro, Brad J. Lamb, Michael Galloro, Binyomin Posen, and Ben Lightburn.

Red Light Holland announced Chief Financial Officer Keith Li provided notice of his intention to resign. Li agreed to remain until a successor is named and will assist with the annual audit completion and successor recruitment and training.

The company also disclosed it settled $735,874.22 in debt to an arm's length creditor through the issuance of 18,396,855 common shares at $0.04 per share.

Red Light Holland produces and sells functional mushrooms and mushroom-based products while exploring opportunities in wellness and consumer packaged goods sectors. The information was disclosed in a company press release.