Metavesco Announces 100-for-1 Forward Stock Split
Metavesco (OTC PINK: MVCO) has announced a 100-for-1 forward stock split of its common stock, effective December 23, 2024. Shareholders of record as of October 30, 2024, will receive 100 shares for each share held. Trading on a split-adjusted basis will begin on December 24, 2024.
The company has also increased its authorized shares from 600 million to 15 billion. According to CEO Ryan Schadel, this move aims to enhance shareholder value by increasing share liquidity and attracting a broader investor base. The company emphasizes its toxic debt-free status as a distinguishing factor in the OTC market.
Metavesco (OTC PINK: MVCO) ha annunciato un scissione azionaria 100 per 1 delle sue azioni ordinarie, che entrerà in vigore il 23 dicembre 2024. Gli azionisti registrati al 30 ottobre 2024 riceveranno 100 azioni per ogni azione detenuta. Le negoziazioni sulla base dello split inizieranno il 24 dicembre 2024.
L'azienda ha inoltre aumentato il numero di azioni autorizzate da 600 milioni a 15 miliardi. Secondo il CEO Ryan Schadel, questa mossa ha l'obiettivo di aumentare il valore per gli azionisti migliorando la liquidità delle azioni e attirando una base di investitori più ampia. L'azienda sottolinea il suo status di assenza di debiti tossici come un fattore distintivo nel mercato OTC.
Metavesco (OTC PINK: MVCO) ha anunciado una división de acciones de 100 por 1 de sus acciones ordinarias, que entrará en vigor el 23 de diciembre de 2024. Los accionistas registrados hasta el 30 de octubre de 2024 recibirán 100 acciones por cada acción que posean. La negociación ajustada por la división comenzará el 24 de diciembre de 2024.
La compañía también ha aumentado sus acciones autorizadas de 600 millones a 15 mil millones. Según el CEO Ryan Schadel, este movimiento tiene como objetivo aumentar el valor para los accionistas al mejorar la liquidez de las acciones y atraer una base de inversionistas más amplia. La compañía enfatiza su estatus de ausencia de deudas tóxicas como un factor distintivo en el mercado OTC.
메타베스코 (OTC PINK: MVCO)는 1주당 100주 분할을 2024년 12월 23일부로 시행할 것이라고 발표했습니다. 2024년 10월 30일 기준 주주들은 보유한 주식 1주당 100주를 받게 됩니다. 분할 적용 거래는 2024년 12월 24일부터 시작됩니다.
회사는 또한 승인된 주식 수를 6억 주에서 150억 주로 늘렸습니다. CEO 라이언 샤델에 따르면, 이 조치는 유동성을 증가시키고 더 넓은 투자자 기반을 유치하여 주주 가치를 높이기 위한 목적입니다. 회사는 OTC 시장에서 차별화된 요소로서 부채 없는 상태를 강조합니다.
Metavesco (OTC PINK: MVCO) a annoncé un scission d'actions de 100 pour 1 de ses actions ordinaires, qui entrera en vigueur le 23 décembre 2024. Les actionnaires enregistrés au 30 octobre 2024 recevront 100 actions pour chaque action détenue. Les transactions sur une base ajustée commenceront le 24 décembre 2024.
La société a également augmenté son nombre d'actions autorisées, passant de 600 millions à 15 milliards. Selon le PDG Ryan Schadel, cette démarche vise à accroître la valeur des actionnaires en améliorant la liquidité des actions et en attirant une base d'investisseurs plus large. La société souligne son statut sans dettes toxiques comme un facteur distinctif sur le marché OTC.
Metavesco (OTC PINK: MVCO) hat einen 100 zu 1 Aktiensplit seiner Stammaktien angekündigt, der am 23. Dezember 2024 in Kraft tritt. Aktionäre, die am 30. Oktober 2024 registriert sind, erhalten für jede gehaltene Aktie 100 Aktien. Der Handel auf Basis des Splits beginnt am 24. Dezember 2024.
Das Unternehmen hat auch die genehmigte Anzahl seiner Aktien von 600 Millionen auf 15 Milliarden erhöht. Laut CEO Ryan Schadel zielt dieser Schritt darauf ab, den Aktionärswert zu steigern, indem die Aktienliquidität erhöht und eine breitere Investorenbasis angezogen wird. Das Unternehmen betont seinen status als schuldenfreies Unternehmen als Unterscheidungsmerkmal im OTC-Markt.
- Maintains toxic debt-free status, indicating financial health
- Stock split could increase trading liquidity
- Potential to attract broader investor base
- Significant share dilution potential with authorized shares increasing from 600M to 15B
CUMMING, Ga., Dec. 20, 2024 (GLOBE NEWSWIRE) -- Metavesco, Inc. (OTC PINK: MVCO) ("Metavesco" or the "Company"), a trailblazing holding company dedicated to fostering growth in both digital and traditional sectors, is pleased to announce the implementation of a 100-for-1 forward stock split of its common stock. This transformative action underscores the Company’s commitment to creating long-term value for its shareholders.
Shareholders of record as of the close of business on October 30, 2024, will have their shares reclassified such that each share of common stock will convert into 100 shares of common stock. This adjustment will take effect after the close of trading on December 23, 2024, with the Company’s common stock beginning to trade on a split-adjusted basis on December 24, 2024.
Ryan Schadel, President and CEO of Metavesco, commented, “This forward stock split is a bold step forward and reflects our commitment to enhancing shareholder value. By increasing the liquidity of our shares, we aim to attract a broader base of investors while maintaining our solid financial position. Unlike many issuers with high liquidity driven by toxic convertible debt, Metavesco remains toxic debt-free, positioning us as a standout in the OTC market. This move aligns with our strategic vision of fostering long-term growth and resilience for our investors.”
The stock split, along with an increase in the authorized number of shares of the Company's common stock from 600 million shares to 15 billion shares, was approved by the Company's board of directors and by the Company's majority shareholder.
About Metavesco
Metavesco is a diversified holding company focused on acquiring and managing assets across multiple sectors, including consumer packaged goods and staffing services. The company is dedicated to long-term growth through strategic acquisitions and innovative market solutions.
Safe Harbor Statement
This press release contains statements that constitute forward-looking statements. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is included in the Company's filings on otcmarkets.com.
SOURCE Metavesco, Inc.
CONTACT:
678-341-5898
info@metavesco.com.
FAQ
When will MVCO's 100-for-1 stock split take effect?
What is the record date for MVCO's stock split?
How many shares will MVCO shareholders receive in the stock split?
How many authorized shares will MVCO have after the increase?
What is the purpose of MVCO's forward stock split?
