TPT Global Tech Files 8-K, Announces Postponement of Reverse Stock Split
TPT Global Tech (OTC PINK:TPTW) has announced the postponement of its previously planned reverse stock split, as disclosed in a recently filed Form 8-K with the SEC. The decision was made based on the company's evaluation of current market conditions and its strategy to maximize shareholder value.
TPT Global Tech is a San Diego-based technology holding company operating across multiple sectors including media, telecommunications, and Smart City Real Estate Development. The company provides various technology services including:
- Software as a Service (SaaS)
- Platform as a Service (PaaS)
- Unified Communication as a Service (UCaaS)
- Global digital media TV and telecommunications infrastructure platform
- Development of the VüMe Live technology platform super App
TPT Global Tech (OTC PINK:TPTW) ha annunciato il rinvio della sua precedente pianificazione di un frazionamento azionario inverso, come rivelato in un recente modulo 8-K depositato presso la SEC. La decisione è stata presa in base alla valutazione delle attuali condizioni di mercato e alla strategia dell'azienda per massimizzare il valore per gli azionisti.
TPT Global Tech è una holding tecnologica con sede a San Diego che opera in diversi settori, tra cui media, telecomunicazioni e sviluppo immobiliare Smart City. L'azienda offre vari servizi tecnologici tra cui:
- Software come Servizio (SaaS)
- Piattaforma come Servizio (PaaS)
- Comunicazione Unificata come Servizio (UCaaS)
- Piattaforma globale di infrastruttura per media digitali e telecomunicazioni
- Sviluppo della piattaforma tecnologica VüMe Live super App
TPT Global Tech (OTC PINK:TPTW) ha anunciado el aplazamiento de su planificado desdoblamiento de acciones inverso, como se reveló en un reciente formulario 8-K presentado ante la SEC. La decisión se tomó en función de la evaluación de la empresa sobre las condiciones actuales del mercado y su estrategia para maximizar el valor para los accionistas.
TPT Global Tech es una empresa de holding tecnológica con sede en San Diego que opera en múltiples sectores, incluidos medios, telecomunicaciones y desarrollo inmobiliario de ciudades inteligentes. La empresa ofrece varios servicios tecnológicos, incluyendo:
- Software como Servicio (SaaS)
- Plataforma como Servicio (PaaS)
- Comunicación Unificada como Servicio (UCaaS)
- Plataforma global de infraestructura de medios digitales y telecomunicaciones
- Desarrollo de la plataforma tecnológica VüMe Live super App
TPT Global Tech (OTC PINK:TPTW)는 SEC에 제출된 최근의 8-K 양식에서 밝혔듯이, 계획된 역주식 분할을 연기한다고 발표했습니다. 이 결정은 현재 시장 상황에 대한 회사의 평가와 주주 가치를 극대화하기 위한 전략에 기반하여 이루어졌습니다.
TPT Global Tech는 샌디에이고에 본사를 둔 기술 지주 회사로, 미디어, 통신 및 스마트 시티 부동산 개발 등 여러 분야에서 운영되고 있습니다. 이 회사는 다음과 같은 다양한 기술 서비스를 제공합니다:
- 서비스로서의 소프트웨어 (SaaS)
- 서비스로서의 플랫폼 (PaaS)
- 서비스로서의 통합 커뮤니케이션 (UCaaS)
- 글로벌 디지털 미디어 TV 및 통신 인프라 플랫폼
- VüMe Live 기술 플랫폼 슈퍼 앱 개발
TPT Global Tech (OTC PINK:TPTW) a annoncé le report de son fractionnement d'actions inversé prévu, comme indiqué dans un formulaire 8-K récemment déposé auprès de la SEC. La décision a été prise sur la base de l'évaluation par l'entreprise des conditions actuelles du marché et de sa stratégie pour maximiser la valeur pour les actionnaires.
TPT Global Tech est une société de portefeuille technologique basée à San Diego, opérant dans plusieurs secteurs, notamment les médias, les télécommunications et le développement immobilier de villes intelligentes. L'entreprise propose divers services technologiques, notamment :
- Logiciel en tant que service (SaaS)
- Plateforme en tant que service (PaaS)
- Communication unifiée en tant que service (UCaaS)
- Plateforme d'infrastructure de médias numériques et de télécommunications mondiale
- Développement de la plateforme technologique VüMe Live super App
TPT Global Tech (OTC PINK:TPTW) hat die Verschiebung des zuvor geplanten Rückwärtssplittings seiner Aktien bekannt gegeben, wie in einem kürzlich bei der SEC eingereichten Formular 8-K offengelegt. Die Entscheidung wurde auf der Grundlage der Bewertung der aktuellen Marktbedingungen und der Strategie des Unternehmens zur Maximierung des Aktionärswerts getroffen.
TPT Global Tech ist ein in San Diego ansässiges Technologie-Holdingunternehmen, das in mehreren Sektoren tätig ist, einschließlich Medien, Telekommunikation und Smart City Immobilienentwicklung. Das Unternehmen bietet verschiedene Technologiedienstleistungen an, darunter:
- Software als Dienst (SaaS)
- Plattform als Dienst (PaaS)
- Vereinheitlichte Kommunikation als Dienst (UCaaS)
- Globale digitale Medien-TV- und Telekommunikationsinfrastrukturplattform
- Entwicklung der VüMe Live Technologieplattform Super App
- Strategic flexibility maintained through postponement of reverse split
- Diversified technology portfolio across multiple growth sectors
- Established infrastructure for multiple revenue streams (SaaS, PaaS, UCaaS)
- Postponement of planned reverse stock split indicates potential market timing concerns
- Company trading on OTC Pink market rather than major exchange
- No specific timeline provided for future strategic actions
SAN DIEGO, CALIFORNIA / ACCESS Newswire / March 10, 2025 / TPT Global Tech, Inc. (OTC PINK:TPTW) announced today that it has filed a Form 8-K with the Securities and Exchange Commission (SEC), disclosing the company's decision to postpone its previously announced reverse stock split. This decision reflects the company's ongoing assessment of market conditions and its commitment to executing a strategy that maximizes shareholder value.
"We believe this decision allows us to better align with current market dynamics and position the company for long-term success," said Stephen J. Thomas III, CEO of TPT Global Tech. "Our focus remains on driving growth and executing key strategic initiatives."
TPT Global Tech will continue to evaluate market conditions and provide updates as necessary.
About TPT Global Tech, Inc.
TPT Global Tech, Inc. is a technology holding company based in San Diego, California. It was formed as the successor of two U.S. corporations, Ally Pharma US and TPT Global, Inc. The Company operates in various sectors including media, telecommunications, Smart City Real Estate Development, and the launch of the first super App, VüMe Live technology platform.
As a media content delivery hub, TPT Global Tech utilizes its own proprietary global digital media TV and telecommunications infrastructure platform. They offer software as a service (SaaS), technology platform as a service (PAAS), and cloud-based unified communication as a service (UCaaS) solutions to businesses worldwide. Their UCaaS services enable businesses of all sizes to access the latest voice, data, media, and collaboration features.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Specifically, statements about the Company's plans for accelerated growth, improved profitability, future business partners, M&A activity, new service offerings, and pursuit of new markets are forward-looking statements. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. The information contained in such statements is beyond the ability of the Company to control, and in many cases, the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.
For more information about TPT Global Tech and its subsidiaries, please visit www.tptglobaltech.com.
For media or Investment inquiries, please contact: Rick@tptglobaltech.com
SOURCE: TPT Global Tech, Inc.
View the original press release on ACCESS Newswire
FAQ
Why did TPT Global Tech (TPTW) postpone its reverse stock split in March 2025?
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What is the status of TPTW's VüMe Live platform development?
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