Nevada Revised Statutes

Pluri Inc. Announces 1-for-8 Reverse Share Split

Retrieved on: 
Wednesday, March 27, 2024

After giving effect to the reverse share split of the Company’s Common Shares, each eight (8) Common Shares will be combined into one Common Share, such that the Company’s 41,816,959 Common Shares outstanding will be reduced to approximately 5,227,120 Common Shares outstanding (the “Reverse Share Split”).

Key Points: 
  • After giving effect to the reverse share split of the Company’s Common Shares, each eight (8) Common Shares will be combined into one Common Share, such that the Company’s 41,816,959 Common Shares outstanding will be reduced to approximately 5,227,120 Common Shares outstanding (the “Reverse Share Split”).
  • No fractional shares will be issued as a result of the reverse split as any fractional shares resulting from the reverse split will be rounded up to the nearest whole share on a per shareholder basis.
  • No additional Company or shareholder approval is required because both the number of authorized Common Shares and the number of outstanding Common Shares will be proportionally reduced as a result of the Reverse Share Split, the Reverse Share Split will not adversely affect any other class of shares of the Company and the Company will not pay money or issue scrip to shareholders who would otherwise be entitled to receive a fractional share as a result of the reverse split.
  • The reverse split will not impact any shareholder's percentage ownership of Pluri or voting power, except for minimal effects resulting from the treatment of fractional shares.

ToughBuilt Industries Announces Distribution of Series H Preferred Stock to Holders of its Common Stock

Retrieved on: 
Thursday, September 21, 2023

Subject to certain limitations, each outstanding share of Series H Preferred Stock will have 1,000,000 votes per share (or 1,000 votes per one one-thousandth (0.001) of a share of Series H Preferred Stock).

Key Points: 
  • Subject to certain limitations, each outstanding share of Series H Preferred Stock will have 1,000,000 votes per share (or 1,000 votes per one one-thousandth (0.001) of a share of Series H Preferred Stock).
  • The Series H Preferred Stock will be uncertificated, and no shares of Series H Preferred Stock will be transferable by any holder thereof except in connection with a transfer by such holder of any shares of the Company’s common stock held by such holder.
  • In that case, a number of one one-thousandths of a share of Series H Preferred Stock equal to the number of shares of ToughBuilt’s common stock to be transferred by such holder would be transferred to the transferee of such shares of common stock.
  • Further details regarding the Series H Preferred Stock will be contained in a report on Form 8-K to be filed by ToughBuilt with the Securities and Exchange Commission.

ZW Data Action Technologies Reports Full Year 2022 Audited Financial Results

Retrieved on: 
Monday, April 17, 2023

BEIJING, April 17, 2023 (GLOBE NEWSWIRE) -- ZW Data Action Technologies Inc. (Nasdaq: CNET) (the "Company"), an integrated online advertising, precision marketing, data analytics and other value-added services provider serving enterprise clients, today announced its audited financial results for the year ended December 31, 2022.

Key Points: 
  • BEIJING, April 17, 2023 (GLOBE NEWSWIRE) -- ZW Data Action Technologies Inc. (Nasdaq: CNET) (the "Company"), an integrated online advertising, precision marketing, data analytics and other value-added services provider serving enterprise clients, today announced its audited financial results for the year ended December 31, 2022.
  • Gross loss was $0.19 million for the full year of 2022, compared to a gross profit of $0.10 million for the last year.
  • Overall gross loss margin rate was 0.7% for the full year of 2022, compared to a gross profit margin of 0.2% for the last year.
  • Sales and marketing expenses was $0.27 million for the full year of 2022, compared to $0.73 million for the last year.

IT Tech Packaging, Inc. Announces Effectiveness of Reverse Stock Split

Retrieved on: 
Thursday, July 7, 2022

The Reverse Stock Split, under applicable Nevada law (Nevada Revised Statutes ("NRS") Section 78.207), proportionately adjusted both the Company's (a) authorized shares of common stock; and (b) issued and outstanding shares of common stock.

Key Points: 
  • The Reverse Stock Split, under applicable Nevada law (Nevada Revised Statutes ("NRS") Section 78.207), proportionately adjusted both the Company's (a) authorized shares of common stock; and (b) issued and outstanding shares of common stock.
  • The Reverse Stock Split was effected by the Company filing a Certificate of Change (the "Certificate") pursuant to NRS Section 78.209 with the Secretary of State of the State of Nevada on the Effective Date.
  • No fractional shares will be issued in connection with the Reverse Stock Split and no cash or other consideration will be paid in connection with any fractional shares that would otherwise have resulted from the Reverse Stock Split.
  • Empire Stock Transfer, at the address set forth below, will issue a new stock certificate reflecting the Reverse Stock Split to each requesting stockholder.

Icanic Brands Announces the Closing of its Acquisition of 100% of LEEF Holdings, California’s Premier Extraction Company

Retrieved on: 
Thursday, April 21, 2022

LEEFs manufacturing capabilities include a 12,000 square foot extraction and manufacturing facility with significant throughput and distillate extraction capability.

Key Points: 
  • LEEFs manufacturing capabilities include a 12,000 square foot extraction and manufacturing facility with significant throughput and distillate extraction capability.
  • Headquartered in Willits, California, LEEFs core manufacturing competencies include ethanol extraction (Type 6 manufacturing license), hydrocarbon extraction (Type 7 manufacturing license), and solventless extraction.
  • In consideration for the acquisition of the LEEF Shares, Icanic issued an aggregate of 758,274,035 common shares of the Company (the Icanic Shares), resulting in former LEEF shareholders being entitled to receive approximately 12.54755 Icanic Shares for each Leef Share held.
  • About Icanic Brands Company Inc.
    Icanic Brands Company Inc. is a cannabis branded products manufacturer based in California & Nevada, the largest and most competitive cannabis markets in the world.

Icanic Brands Announces Definitive Agreement to Acquire 100% of LEEF Holdings, California’s Premier Extraction Company

Retrieved on: 
Tuesday, January 25, 2022

VANCOUVER, British Columbia, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Icanic Brands Company, Inc. (CSE: ICAN, OTCQB: ICNAF) (Icanic Brands or the Company), a multi-state brand operator of premium Cannabis brands in California and Nevada, is pleased to announce that the Company has entered into a definitive agreement (the Agreement) with LEEF Holdings, Inc. (LEEF), a California based extractions company (the Acquisition).

Key Points: 
  • VANCOUVER, British Columbia, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Icanic Brands Company, Inc. (CSE: ICAN, OTCQB: ICNAF) (Icanic Brands or the Company), a multi-state brand operator of premium Cannabis brands in California and Nevada, is pleased to announce that the Company has entered into a definitive agreement (the Agreement) with LEEF Holdings, Inc. (LEEF), a California based extractions company (the Acquisition).
  • Headquartered in Willits, California, LEEFs core manufacturing competencies include ethanol extraction (Type 6 manufacturing license), hydrocarbon extraction (Type 7 manufacturing license), and solventless extraction.
  • These brands will add to Icanics current brand portfolio which currently includes its award winning GanjaGold and Taylors brands.
  • Icanic Brands Company, Inc. is a leading cannabis branded products manufacturer based in California & Nevada, the largest and most competitive cannabis markets in the world.

'Nathan's Law' Unanimously Passed by Nevada Athletic Commission and Signed by Gov. Steve Sisolak

Retrieved on: 
Tuesday, December 14, 2021

LAS VEGAS, Dec. 14, 2021 /PRNewswire/ -- Stephen J. Cloobeck, Chairman of the Nevada Athletic Commission ("NAC" or "the Commission"), today announced the emergency regulation titled "Nathan's Law" was signed by Gov.

Key Points: 
  • LAS VEGAS, Dec. 14, 2021 /PRNewswire/ -- Stephen J. Cloobeck, Chairman of the Nevada Athletic Commission ("NAC" or "the Commission"), today announced the emergency regulation titled "Nathan's Law" was signed by Gov.
  • "Fighter safety is my top priority as Chair of the Nevada Athletic Commission, and it's OUR top priority as a Commission."
  • About the Nevada Athletic Commission:
    In 1941, the Nevada Athletic Commission was established by an act of the Nevada legislature.
  • Since that time, the Commission has regulated professional unarmed combat (e.g., boxing, kickboxing and mixed martial arts/ MMA) in Nevada.