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Eva Live Inc. Announces 4-to-1 Reverse Stock Split as Part of National Exchange Uplisting Strategy

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Eva Live Inc. (OTCQB:GOAI) has announced a 4-to-1 reverse stock split effective February 11, 2025, as part of its strategy to uplist to a national securities exchange. The move aims to increase the company's share price to meet national exchange listing requirements and attract institutional investors.

Under the reverse split, every four shares of outstanding common stock will be converted into one share. Shareholders entitled to fractional shares will receive one full share instead, and no action is required from shareholders as changes will be automatically reflected in their accounts.

CEO David Boulette stated that this decision is a pivotal step in the company's long-term growth strategy, intended to strengthen market presence and improve liquidity for shareholders.

Eva Live Inc. (OTCQB:GOAI) ha annunciato uno scorporo azionario inverso 4 a 1 che entrerà in vigore il 11 febbraio 2025, come parte della sua strategia per essere quotata su un mercato nazionale. Questa mossa mira ad aumentare il prezzo delle azioni della società per soddisfare i requisiti di quotazione del mercato nazionale e attrarre investitori istituzionali.

Con lo scorporo inverso, ogni quattro azioni ordinarie in circolazione saranno convertite in una singola azione. Gli azionisti aventi diritto a frazioni di azione riceveranno invece un'azione intera e non sarà necessaria alcuna azione da parte degli azionisti, poiché le modifiche saranno automaticamente riflesse nei loro conti.

Il CEO David Boulette ha dichiarato che questa decisione rappresenta un passo cruciale nella strategia di crescita a lungo termine dell'azienda, finalizzata a rafforzare la presenza sul mercato e migliorare la liquidità per gli azionisti.

Eva Live Inc. (OTCQB:GOAI) ha anunciado un split inverso de acciones 4 a 1 que será efectivo el 11 de febrero de 2025, como parte de su estrategia para cotizar en una bolsa de valores nacional. Este movimiento tiene como objetivo aumentar el precio de las acciones de la compañía para cumplir con los requisitos de cotización del mercado nacional y atraer a inversores institucionales.

Con el split inverso, cada cuatro acciones ordinarias en circulación se convertirán en una acción. Los accionistas con derecho a acciones fraccionarias recibirán en su lugar una acción completa, y no se requiere ninguna acción por parte de los accionistas, ya que los cambios se reflejarán automáticamente en sus cuentas.

El CEO David Boulette declaró que esta decisión es un paso crucial en la estrategia de crecimiento a largo plazo de la empresa, destinada a fortalecer la presencia en el mercado y mejorar la liquidez para los accionistas.

Eva Live Inc. (OTCQB:GOAI)는 2025년 2월 11일부터 4대 1 주식 분할을 시행한다고 발표했습니다. 이는 국가 증권 거래소로의 상장 전략의 일환입니다. 이 조치는 회사의 주가를 높여 국가 거래소 상장 요건을 충족하고 기관 투자자를 유치하는 것을 목표로 하고 있습니다.

주식 분할을 통해 기존 보통주 4주가 1주로 전환됩니다. 분할 주식에 해당하는 주주들은 대신 1주를 받을 것이며, 주주들은 별도의 조치를 취할 필요가 없으며 변경 사항은 자동으로 그들의 계좌에 반영됩니다.

CEO David Boulette는 이 결정이 회사의 장기 성장 전략의 중대한 단계이며, 시장 존재감을 강화하고 주주들의 유동성을 개선하려는 목적임을 밝혔습니다.

Eva Live Inc. (OTCQB:GOAI) a annoncé un rachat d'actions inversé 4 pour 1 effectif le 11 février 2025, dans le cadre de sa stratégie pour se faire coter sur une bourse nationale. Cette décision vise à augmenter le prix des actions de l'entreprise afin de répondre aux exigences de cotation nationales et d'attirer des investisseurs institutionnels.

Dans le cadre de ce rachat inversé, chaque quatre actions ordinaires en circulation seront converties en une action. Les actionnaires ayant droit à des actions fractionnaires recevront en retour une action complète, et aucune action n'est requise de la part des actionnaires, car les changements seront automatiquement reflétés dans leurs comptes.

Le PDG David Boulette a déclaré que cette décision constitue une étape cruciale dans la stratégie de croissance à long terme de l'entreprise, destinée à renforcer la présence sur le marché et à améliorer la liquidité pour les actionnaires.

Eva Live Inc. (OTCQB:GOAI) hat einen 4-zu-1 Reverse-Split angekündigt, der am 11. Februar 2025 wirksam wird, als Teil seiner Strategie, an einer nationalen Wertpapierbörse notiert zu werden. Ziel ist es, den Aktienkurs des Unternehmens zu erhöhen, um die Anforderungen für die Notierung an nationalen Börsen zu erfüllen und institutionelle Investoren anzuziehen.

Im Rahmen des Reverse-Splits wird jede vier Aktien des ausstehenden Stammkapitals in eine Aktie umgewandelt. Aktionäre, die Anspruch auf Bruchstücke haben, erhalten stattdessen eine volle Aktie, und es sind keine Maßnahmen von den Aktionären erforderlich, da die Änderungen automatisch in ihren Konten widergespiegelt werden.

CEO David Boulette erklärte, dass diese Entscheidung ein entscheidender Schritt in der langfristigen Wachstumsstrategie des Unternehmens sei, um die Marktpräsenz zu stärken und die Liquidität für die Aktionäre zu verbessern.

Positive
  • Strategic move towards uplisting to a national exchange
  • Potential to attract institutional investors
  • Improved stock liquidity expected post-uplisting
  • No shareholder action required for the reverse split
Negative
  • Dilution of share quantity (4:1 ratio)
  • Potential market perception risks associated with reverse splits
  • No guarantee of successful uplisting to national exchange

LOS ANGELES, CA / ACCESS Newswire / February 11, 2025 / Eva Live Inc. (OTCQB:GOAI), a dynamic innovator in the AI space, today announced that its Board of Directors has approved a 4-to-1 reverse stock split as part of its strategic efforts to meet the requirements for uplisting to a national securities exchange.

The reverse stock split will take effect as of February 11 2025, and the company's common stock will start trading on a split-adjusted basis at that time. The reverse split is intended to increase the company's share price to comply with the listing requirements of a national exchange, thereby enhancing shareholder value and attracting a broader base of institutional investors.

CEO Statement: "This reverse split is a pivotal step in our long-term growth strategy as we position Eva Live Inc. for an uplisting to a national exchange," said David Boulette, Chief Executive Officer of Eva Live Inc. "We believe this move will strengthen our market presence, improve liquidity, and create greater opportunities for our shareholders as we continue to expand our business."

As a result of the reverse stock split, every four shares of issued and outstanding common stock will be converted into one share of common stock. No fractional shares will be issued, and shareholders who would otherwise be entitled to receive fractional shares will instead receive a 1 full share.

Shareholders are not required to take any action as the reverse stock split will be automatically reflected in their accounts. Additional details regarding the reverse split will be available in the company's filings with the Securities and Exchange Commission (SEC).

For more information, please visit https://evaxai.com or contact:

Daryl Walser
operations@eva.live
(310) 229 5981
evaxai.com

About Eva Live Inc. Eva Live Inc. is a pioneering artificial intelligence company dedicated to revolutionizing industries through cutting-edge AI solutions. By leveraging advanced machine learning, natural language processing, and automation technologies, EVA enhances business efficiency, decision-making, and innovation. With a commitment to ethical AI development and continuous research, EVA is shaping the future of intelligent computing for enterprises and consumers worldwide.

Forward-Looking Statements: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and assumptions that could cause actual results to differ materially. Factors that may impact future results include, but are not limited to, market conditions, regulatory approvals, and the company's ability to meet listing requirements. Eva Live Inc. undertakes no obligation to update forward-looking statements except as required by law.

SOURCE: Eva Live Inc.



View the original press release on ACCESS Newswire

FAQ

When will Eva Live's (GOAI) 4-to-1 reverse stock split take effect?

The reverse stock split will take effect on February 11, 2025, with the company's common stock beginning to trade on a split-adjusted basis on that date.

What happens to GOAI shareholders' fractional shares after the reverse split?

Shareholders who would otherwise receive fractional shares will receive one full share instead.

Why is Eva Live (GOAI) implementing a reverse stock split?

The reverse split is being implemented to increase the company's share price to meet listing requirements for uplisting to a national securities exchange and attract institutional investors.

Do GOAI shareholders need to take any action for the reverse stock split?

No, shareholders are not required to take any action as the reverse stock split will be automatically reflected in their accounts.

What is the conversion ratio for Eva Live's (GOAI) reverse stock split?

Every four shares of issued and outstanding common stock will be converted into one share of common stock.

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