Sun Pacific Holding Corp Announces Cancellation of Reverse Split
Sun Pacific Holding Corp. (SNPW) has officially cancelled its previously approved reverse stock split, as confirmed by the SEC and FINRA. The decision was communicated in an 8-K filing, reflecting the company's desire to support its shareholders amid growing confidence in its operations. CEO Nicholas Campanella expressed optimism for 2021, indicating that this cancellation is a demonstration of the company's commitment to its investors. Sun Pacific aims to transform neighborhoods into smart cities through renewable energy initiatives and green technologies.
- Cancellation of reverse stock split reflects commitment to shareholders.
- CEO expresses optimism for business growth in 2021.
- None.
MANALAPAN, N.J., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Sun Pacific Holding Corp. (SNPW: OTCPink) announced that its Board of Directors canceled its reverse stock split that was approved last year. The Company has taken appropriate action with the SEC and FINRA and filed an 8-K to cancel the reverse split. On February 18, 2021 the Company received confirmation that the corporate action has been officially cancelled.
Nicholas Campanella, CEO of Sun Pacific Holding Corp, stated, “We are happy to see increasing support and confidence in our company and our operations and in turn we want to support our shareholders. We value their support and those that have stood firmly by us. We believe that cancelling the reverse split at this time is one of the best ways to show that. We expect 2021 to be an outstanding year and we want everyone to benefit.”
About Sun Pacific Holding Corp.
Sun Pacific Holding Corp. (SNPW: OTCPink) is a publicly traded company with the mission to transform neighborhoods across the USA into smart cities powered by renewable energy. Our focus is protecting the environment by adapting new green technologies and developing synergy across our subsidiaries. Our aggressive pursuit of opportunities in solar and waste-to-energy operations deliver competitive solutions for communities and value for our shareholders. For more information, visit www.sunpacificholding.com.
IR Contact
Sun Pacific Holding Corp
345 Highway 9 South Suite 388
Manalapan, NJ 07726
Phone: +1 (888) 845-0242
Email: ir@sunpacificholding.com
Website: www.sunpacificholding.com
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