Wireless Mobile Data Company held its Extraordinary General Assembly for the year 2022 on Sunday, October 8, 2023. During the meeting, the Assembly unanimously agreed to continue the company's business operations and cancelled the extraordinary general assembly resolution that was made on August 25, 2022, regarding the increase of the company's authorized, issued, and paid-up capital to KD 14,353,000.

 Instead, the General Assembly approved the increase of the company's authorized capital from KD 7.353 million to KD 16.853 million, which amounts to an increase of KD 9.5 million. This increase corresponds to 95 million shares, each with a nominal value of 100 fils per share. The allocation of this capital increase will be made to the current shareholders registered in the company's books on the date of the General Assembly, priced at 100 fils per share. The Board of Directors is authorized to offer any remaining and unsubscribed shares to new investors, with the discretion to set the appropriate issuance premium and establish the rules and procedures related to the capital increase, including determining payments and handling fractional shares.

Furthermore, the company made amendments to Article (6) of the Memorandum of Association and Article (5) of its Articles of Association. The authorized capital of the company is now set at KD 16,853,000, divided into 168,530,000 shares, each with a nominal value of 100 fils and fully paid in cash. The issued and paid-up capital is set at KD 8,752,000, divided into 87,525,000 shares, each with a nominal value of 100 fils per share.