One holding company, three operating entities, two share classes.
Tangent 9 Holdings sits above three operating companies: T9 Agentic Solutions, T9 Platform Solutions, and T9 Consultancy. Every entity issues two classes of shares: Class A (enhanced voting) and Ordinary. Reserved pools in each entity are set aside exclusively for critical resources and investors, held temporarily by Hankiong until awarded.
Group structure
01 · Holdings + 3 entities- YAPA: AI personal assistant
- PALS: T9 Agentic Platform
- TINA: V2 of PALS + YAPA
- AI Delivery Pod: governed AI software delivery platform
- AI Orchestration Service
- Consulting (AI Transformation): advisory on AI strategy, roadmaps, and business transformation
- AI Solution Delivery: end-to-end design, build, and deployment of AI solutions for clients
Share classes and entitlements
03 · Rights, reserves, vestingOrdinary shares
- One vote per share on all shareholder resolutions
- Full economic entitlement: dividends and capital distributions rank equally (pari passu) with Class A
- Primary instrument for team participation and awards to critical resources
- Standard transfer restrictions and pre-emption rights apply
Class A shares
- Five votes per share: five times the voting rights of Ordinary shares
- Identical economic entitlement to Ordinary shares: same dividend and capital rights, the premium is voting control only
- Held by T9 Holdings and founders to preserve strategic control as reserved pools are issued
- Ensures founder direction survives dilution from investor and team allocations
Reserved shares
- Earmarked exclusively for critical resources and investors: not available for general allocation
- Temporarily held by Hankiong until awarded or allocated
- Awards to critical resources are subject to a 3-year vesting period
- Unvested shares return to the reserved pool if the holder departs before full vesting
The 5× voting rights of Class A shares, the trust arrangement over reserved shares, and the 3-year vesting schedule (including any cliff and leaver provisions) should be formalised in each entity's constitution and a shareholders' agreement to be enforceable. Worth confirming with counsel alongside the ESO instrument review already in progress for external partners.