Tiderock Companies Announces 4-for-1 Forward Stock Split Has Been Filed with FINRA

Rhea-AI Summary

Tiderock Companies, Inc. (OTC PINK:TDRK) has filed a notice with FINRA for a forward stock split of four new common shares for each old common share, effective on or about February 28, 2022. This decision aims to enhance the attractiveness of Tiderock's capital structure to a broader range of investors. All shareholders as of the record date will be eligible for this split. The company specializes in real estate development and advisory services with over $600 million in current projects.

Positive

• Forward stock split aims to attract a wider range of investors.
• Current projects exceed $600 million, indicating a strong investment portfolio.

Negative

• Stock split may not guarantee immediate stock price appreciation.
• -

BALTIMORE, MD / ACCESSWIRE / February 17, 2022 / Tiderock Companies, Inc. ("we", "our", or the "Company"), (OTC PINK:TDRK), a real estate developer and advisory services company, announced today it has filed with FINRA its corporation action notice for a forward share split on the basis of four (4) new common shares for each one (1) old common share (the "Stock Split").

All shareholders as of the record date of February 28, 2022, will be entitled to the Stock Split. The primary reason for the Stock Split is to make Tiderock's capital structure more attractive to a wider range of investors. The forward split will take place on or about February 28, 2022 subject to FINRA review of documentation.

About Tiderock Companies, Inc.: Tiderock Companies is a real estate investment, advisory services, and development company with over 20 years of experience. We specialize in deal structure and planning, entitlements, budgeting and project management with over $600 million in current projects. Tiderock Companies, Inc. (OTC Pink:TDRK) is headquartered in Baltimore, MD., and can be contacted at www.tiderockcompanies.com or by phone at (800) 791-8433.

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

For more information:
Tiderock Companies, Inc.

Thomas B. Fore, CEO
Email: info@tiderockcompanies.com
Phone: (800) 791-8433

SOURCE: Tiderock Companies, Inc.

View source version on accesswire.com:
https://www.accesswire.com/689352/Tiderock-Companies-Announces-4-for-1-Forward-Stock-Split-Has-Been-Filed-with-FINRA

FAQ

What is the stock split announcement date for Tiderock Companies, Inc.?

The stock split announcement was made on February 17, 2022.

What is the stock split ratio for Tiderock Companies, Inc.?

The stock split ratio is 4-for-1.

When will the stock split take effect for Tiderock Companies, Inc.?

The stock split will take effect on or about February 28, 2022.

What is the purpose of the stock split for Tiderock Companies, Inc.?

The purpose of the stock split is to make Tiderock's capital structure more attractive to a wider range of investors.

What is the record date for shareholders to qualify for the stock split of Tiderock Companies, Inc.?

The record date for the stock split is February 28, 2022.