Cordia Files Form 10 Registration Statement
Cordia Corporation (OTC: CORG) has publicly filed a Form 10 Registration Statement with the SEC to register its ordinary shares, aiming for a return to fully reporting status. This filing does not offer additional shares for sale and will take effect in 60 days, subject to SEC review. To celebrate this milestone, the company plans to launch NFTs featuring its celebrity brands. CEO Peter Klamka emphasized this move as a step closer to achieving an exchange listing for Cordia.
- Filing Form 10 represents a significant milestone toward fully reporting status.
- Plans to launch NFTs can enhance brand visibility and engagement.
- Return to reporting status aims to facilitate a future exchange listing.
- None.
Plans NFTs To Mark Fully Reporting Status
LAS VEGAS, April 08, 2021 (GLOBE NEWSWIRE) -- Cordia Corporation (OTC: CORG) today announced that it has publicly filed a Form 10 Registration Statement with the United States Securities and Exchange Commission to register its ordinary shares pursuant to Section 12(b) of the Securities Exchange Act of 1934, as amended, with no additional shares to be offered for sale.
The Company's voluntary filing of the Form 10 is subject to SEC review and, upon its effectiveness, Cordia will be subject to the reporting requirements of the Exchange Act. Form 10 registration statements become effective sixty days after the initial filing date regardless of whether there are outstanding SEC comments.
To mark this return to fully reporting status, Cordia plans to release several NFTs using artwork and images from its celebrity brands set against the backdrop of its newly filed SEC documents.
“We are excited to reach this milestone as a company. In addition to rolling out our celebrity virtual restaurants this quarter, a return to reporting status brings us closer to our goal of an exchange listing for Cordia,” added Peter Klamka, CEO of Cordia Corporation.
This news release is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal, nor shall there be any sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
Forward-Looking Statements
This news release contains forward-looking statements, which are generally identified by the words "believe," "project," "expect," "anticipate," "estimate," "outlook," "budget," "intend," "strategy," "plan," "guidance," "may," "should," "could," "will," "would," "will be," "will continue," "will likely result," and similar expressions, although not all forward-looking statements contain these identifying words. Such statements are based upon the current beliefs of management and are subject to significant risks, assumptions, and uncertainties. Should one or more of these risks or uncertainties materialize, or underlying assumptions prove incorrect, actual results may vary materially from those indicated in our forward-looking statements. Readers are cautioned that forward-looking statements are only predictions and may differ materially from actual future events or results, including the ability to successfully list its shares on any stock exchange, the timing thereof (including as to the effectiveness of the Form 10), and the company’s ability to finance its activities which there is no assurance of.
FAQ
What is Cordia Corporation's recent SEC filing about?
What are the implications of the Form 10 filing for CORG shareholders?
How does Cordia plan to celebrate its return to fully reporting status?
When will the Form 10 registration become effective?
Does the recent announcement involve any new shares for sale?
