GivBux, Inc. Finalizes Terms of Special Warrant Dividend for Shareholders - Correction
GivBux (OTC: GBUX) has finalized terms for a special warrant dividend for shareholders. The company will issue warrants on a 1-for-10 basis, allowing shareholders to purchase one share of common stock for every 10 shares owned at an exercise price of $4.00 per share.
The ex-dividend date is set for May 15, 2025, with distribution scheduled for May 21, 2025. The warrants will be issued electronically via book-entry registration, with detailed terms outlined in the Company's Warrant Agreement. This initiative aims to provide shareholders an opportunity to participate in the company's future growth as it expands its Super App platform focusing on fintech, retail, and charitable giving.
GivBux (OTC: GBUX) ha definito i termini per un dividendo speciale sotto forma di warrant per gli azionisti. La società emetterà warrant con un rapporto di 1 ogni 10 azioni possedute, permettendo agli azionisti di acquistare una azione ordinaria ogni 10 azioni detenute, ad un prezzo di esercizio di 4,00 $ per azione.
La data ex-dividendo è fissata per il 15 maggio 2025, con la distribuzione prevista per il 21 maggio 2025. I warrant saranno emessi elettronicamente tramite registrazione in forma di book-entry, con i termini dettagliati contenuti nell'Accordo sui Warrant della Società. Questa iniziativa offre agli azionisti l'opportunità di partecipare alla crescita futura dell'azienda, che sta espandendo la sua piattaforma Super App focalizzata su fintech, retail e donazioni benefiche.
GivBux (OTC: GBUX) ha finalizado los términos para un dividendo especial en forma de warrants para los accionistas. La compañía emitirá warrants en una base de 1 por cada 10 acciones, permitiendo a los accionistas comprar una acción común por cada 10 acciones que posean a un precio de ejercicio de 4,00 $ por acción.
La fecha ex-dividendo está fijada para el 15 de mayo de 2025, con la distribución programada para el 21 de mayo de 2025. Los warrants se emitirán electrónicamente mediante registro en forma de book-entry, con los términos detallados en el Acuerdo de Warrants de la Compañía. Esta iniciativa busca brindar a los accionistas la oportunidad de participar en el crecimiento futuro de la empresa, que está expandiendo su plataforma Super App enfocada en fintech, retail y donaciones benéficas.
GivBux (OTC: GBUX)는 주주들을 위한 특별 워런트 배당 조건을 최종 확정했습니다. 회사는 10주당 1주의 비율로 워런트를 발행하며, 주주들은 보유한 10주당 보통주 1주를 주당 4.00달러의 행사가격으로 구매할 수 있습니다.
배당락일은 2025년 5월 15일로 정해졌으며, 배포는 2025년 5월 21일에 예정되어 있습니다. 워런트는 전자 방식의 장부등록(book-entry)으로 발행되며, 상세 조건은 회사의 워런트 계약서에 명시되어 있습니다. 이 조치는 핀테크, 소매, 자선 기부에 중점을 둔 슈퍼 앱 플랫폼 확장과 함께 회사의 미래 성장에 주주들이 참여할 기회를 제공하기 위한 것입니다.
GivBux (OTC : GBUX) a finalisé les modalités d'un dividende spécial sous forme de bons de souscription pour les actionnaires. La société émettra des bons de souscription selon un ratio de 1 pour 10, permettant aux actionnaires d'acheter une action ordinaire pour chaque 10 actions détenues, au prix d'exercice de 4,00 $ par action.
La date ex-dividende est fixée au 15 mai 2025, avec une distribution prévue le 21 mai 2025. Les bons seront émis électroniquement via une inscription en compte, avec les conditions détaillées dans le contrat de bons de la société. Cette initiative vise à offrir aux actionnaires l'opportunité de participer à la croissance future de l'entreprise, qui développe sa plateforme Super App axée sur la fintech, le commerce de détail et les dons caritatifs.
GivBux (OTC: GBUX) hat die Bedingungen für eine Sonderdividende in Form von Warrants für Aktionäre festgelegt. Das Unternehmen wird Warrants im Verhältnis 1 zu 10 ausgeben, wodurch Aktionäre für jeweils 10 gehaltene Aktien eine Stammaktie zum Ausübungspreis von 4,00 $ pro Aktie erwerben können.
Das Ex-Dividenden-Datum ist auf den 15. Mai 2025 festgelegt, die Ausschüttung erfolgt am 21. Mai 2025. Die Warrants werden elektronisch über eine Buchungseintragung ausgegeben, wobei die detaillierten Bedingungen im Warrant-Abkommen des Unternehmens festgelegt sind. Diese Maßnahme soll den Aktionären die Möglichkeit bieten, am zukünftigen Wachstum des Unternehmens teilzuhaben, das seine Super-App-Plattform mit Fokus auf Fintech, Einzelhandel und wohltätige Spenden ausbaut.
- Shareholders gain opportunity to purchase additional shares at fixed price of $4.00
- Warrant dividend provides potential upside participation in company's future growth
- Electronic issuance via book-entry registration streamlines the distribution process
- 1:10 warrant ratio requires substantial share ownership for meaningful participation
- Exercise price of $4.00 per share requires additional capital investment from shareholders
- Value of warrants depends on stock price exceeding $4.00 exercise price
Newport Beach, Calif., April 21, 2025 (GLOBE NEWSWIRE) -- GivBux, Inc. (OTC: GBUX) ("GivBux" or the Company"), a publicly traded Super App and charitable giving platform, today announced the finalized terms of its previously approved special dividend for shareholders. The Board of Directors has confirmed that the dividend will consist of warrants issued on a 1-for-10 basis, granting shareholders the right to purchase one share of GivBux common stock for every 10 shares owned.
Each warrant will be exercisable at
The warrants are expected to provide shareholders with a unique opportunity to participate in the potential future growth of the Company as it continues to scale its innovative Super App platform and expand its global reach.
“This dividend demonstrates our ongoing commitment to creating value for our shareholders,” said Umesh Tim Singh, President of GivBux, Inc. “As we pursue transformative opportunities in fintech, retail, and charitable giving, we’re excited to align shareholder interests with the long-term success of our platform.”
The warrants will be issued electronically via book-entry registration and may be exercised under the terms outlined in the Warrant Agreement, which will be made available on the Company’s website and through applicable regulatory filings.
Further details regarding the warrant issuance, including important dates and instructions for shareholders, will be announced in upcoming communications.
About GivBux, Inc.
The GivBux Super App revolutionizes shopping by offering a user-friendly tool to make purchases swiftly and efficiently at over 100 national retailers and an expanding roster of local merchants. Users earn cash back on every purchase, a portion of which can be directed towards a charity of their choice, embodying GivBux Inc.'s commitment to "give back."
The GivBux Super App is free to use and available now on the Google Play Store (Android) and the Apple App Store (IOS). The GivBux Super App constantly evolves and adds new enhancements and functionalities, including social networking, e-commerce, banking, messaging, food delivery, and transportation.
GivBux is forging a new path in e-commerce and charitable giving and aspires to build the largest community of givers, first in the United States and eventually worldwide. For more details and regular updates, visit https://givbux.com.
This press release contains “forward-looking statements.” Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by GivBux, Inc. in our reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release. The Company intends that all statements included herein, including those referring to future revenues and earnings, be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
Contact:
Umesh Singh, President
Email: ir@Givbux.com
www.GivBux.com
Instagram: https://www.instagram.com/givbux/
X (formerly Twitter): https://twitter.com/givbux
