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FansUnite Completes Return of Capital Distribution

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FansUnite Entertainment Inc. (OTC Pink: FUNFF) has completed its return of capital distribution of C$0.0725 per share. The payment was processed on August 29, 2024, with eligible shareholders being those of record as of the close of business on August 26, 2024 (the Record Date). Shareholders do not need to take any action to receive the distribution, as payment will be automatically delivered to those eligible. This move represents a significant financial event for the company and its shareholders, potentially impacting the company's capital structure and shareholder value.

FansUnite Entertainment Inc. (OTC Pink: FUNFF) ha completato la sua distribuzione di ritorno di capitale di C$0.0725 per azione. Il pagamento è stato elaborato il 29 agosto 2024, con i soci idonei che sono quelli registrati alla chiusura degli affari del 26 agosto 2024 (la Data di Registrazione). Gli azionisti non devono intraprendere alcuna azione per ricevere la distribuzione, poiché il pagamento sarà automaticamente consegnato a quelli idonei. Questa mossa rappresenta un evento finanziario significativo per l'azienda e i suoi azionisti, con il potenziale di influenzare la struttura del capitale dell'azienda e il valore per gli azionisti.

FansUnite Entertainment Inc. (OTC Pink: FUNFF) ha completado su distribución de devolución de capital de C$0.0725 por acción. El pago se procesó el 29 de agosto de 2024, siendo los accionistas elegibles aquellos que estaban registrados al cierre de operaciones el 26 de agosto de 2024 (la Fecha de Registro). Los accionistas no necesitan tomar ninguna medida para recibir la distribución, ya que el pago se entregará automáticamente a los elegibles. Este movimiento representa un evento financiero significativo para la empresa y sus accionistas, con el potencial de afectar la estructura de capital de la empresa y el valor para los accionistas.

FansUnite Entertainment Inc. (OTC Pink: FUNFF)는 주당 C$0.0725의 자본 환급 분배를 완료했습니다. 지급은 2024년 8월 29일에 처리되었으며, 자격이 있는 주주들은 2024년 8월 26일 영업 종료 시 기준일에 등록된 주주들입니다. 주주들은 분배를 받기 위해 어떤 조치를 취할 필요가 없으며, 자격이 있는 분들에게는 지급이 자동으로 이루어집니다. 이번 조치는 회사와 주주들에게 중요한 재무 사건을 나타내며, 회사의 자본 구조와 주주 가치를 잠재적으로 영향을 미칠 수 있습니다.

FansUnite Entertainment Inc. (OTC Pink: FUNFF) a complété sa distribution de retour de capital de C$0.0725 par action. Le paiement a été traité le 29 août 2024, les actionnaires éligibles étant ceux inscrits à la clôture des affaires le 26 août 2024 (la Date d'Enregistrement). Les actionnaires n'ont pas besoin de prendre de mesures pour recevoir la distribution, car le paiement sera automatiquement livré aux éligibles. Ce mouvement représente un événement financier significatif pour l'entreprise et ses actionnaires, pouvant potentiellement influencer la structure du capital de l'entreprise et la valeur pour les actionnaires.

FansUnite Entertainment Inc. (OTC Pink: FUNFF) hat seine Kapitalrückverteilung in Höhe von C$0.0725 pro Aktie abgeschlossen. Die Zahlung wurde am 29. August 2024 verarbeitet, wobei die berechtigten Aktionäre diejenigen sind, die zum Ende der Geschäftstätigkeit am 26. August 2024 (dem Stichtag) im Aktienbuch standen. Die Aktionäre müssen keine Maßnahmen ergreifen, um die Verteilung zu erhalten, da die Zahlung automatisch an die Berechtigten geliefert wird. Dieser Schritt stellt ein bedeutendes finanzielles Ereignis für das Unternehmen und seine Aktionäre dar, das potenziell die Kapitalstruktur des Unternehmens und den Aktionärswert beeinflussen kann.

Positive
  • Return of capital distribution of C$0.0725 per share completed
  • Automatic payment delivery to eligible shareholders
Negative
  • Reduction in company's capital

Vancouver, British Columbia--(Newsfile Corp. - August 29, 2024) - FansUnite Entertainment Inc. (OTC Pink: FUNFF) wishes to advise that payment in respect of the C$0.0725 per share return of capital (the "Distribution") was processed today. As previously announced, only shareholders of record as at the close of business on August 26, 2024 (the "Record Date") will receive their Distribution payment.

Shareholders do not need to take any action with respect to the Distribution. Payment will automatically be delivered to eligible shareholders of record as of the Record Date.

For further information, please contact:

FansUnite Entertainment Inc.
ir@fansunite.com


To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221564

FAQ

What is the amount of FansUnite's (FUNFF) return of capital distribution?

FansUnite Entertainment Inc. (FUNFF) completed a return of capital distribution of C$0.0725 per share.

When was the record date for FansUnite's (FUNFF) capital distribution?

The record date for FansUnite's (FUNFF) capital distribution was August 26, 2024, at the close of business.

When was the payment for FansUnite's (FUNFF) capital distribution processed?

The payment for FansUnite's (FUNFF) capital distribution was processed on August 29, 2024.

Do shareholders need to take any action to receive FansUnite's (FUNFF) capital distribution?

No, shareholders do not need to take any action. The distribution payment will be automatically delivered to eligible shareholders of record as of the Record Date.

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