TPT Global Tech Postpones Reverse Stock Split Amid Changing Market Conditions
TPT Global Tech (OTC PINK:TPTW) has announced the postponement of its previously disclosed reverse stock split due to rapidly changing market conditions. The company will reassess market conditions and provide updates as appropriate.
In a parallel development, TPTW has signed a partnership agreement with HillmanTok University, which will migrate its 400 online professors and 350,000 registered online students to the company's recently released VuMe Super App.
TPT Global Tech operates as a technology holding company based in San Diego, offering various services including media content delivery, telecommunications infrastructure, Smart City Real Estate Development, and their VüMe Live technology platform. The company provides SaaS, PAAS, and cloud-based UCaaS solutions to businesses worldwide.
TPT Global Tech (OTC PINK:TPTW) ha annunciato il rinvio del suo precedente annuncio riguardante il frazionamento inverso delle azioni a causa delle condizioni di mercato in rapida evoluzione. L'azienda riconsidererà le condizioni di mercato e fornirà aggiornamenti quando appropriato.
In uno sviluppo parallelo, TPTW ha firmato un accordo di partnership con HillmanTok University, che trasferirà i suoi 400 professori online e 350.000 studenti registrati online sulla recente VuMe Super App dell'azienda.
TPT Global Tech opera come una holding tecnologica con sede a San Diego, offrendo vari servizi tra cui la distribuzione di contenuti multimediali, infrastrutture di telecomunicazioni, sviluppo immobiliare per Smart City e la loro piattaforma tecnologica VüMe Live. L'azienda fornisce soluzioni SaaS, PAAS e UCaaS basate su cloud a imprese in tutto il mondo.
TPT Global Tech (OTC PINK:TPTW) ha anunciado el aplazamiento de su anterior anuncio sobre la división inversa de acciones debido a las condiciones de mercado en rápida evolución. La empresa reevaluará las condiciones del mercado y proporcionará actualizaciones según sea necesario.
En un desarrollo paralelo, TPTW ha firmado un acuerdo de asociación con HillmanTok University, que migrará a sus 400 profesores en línea y 350,000 estudiantes registrados en línea a la recientemente lanzada VuMe Super App de la empresa.
TPT Global Tech opera como una empresa de holding tecnológica con sede en San Diego, ofreciendo varios servicios que incluyen la entrega de contenido multimedia, infraestructura de telecomunicaciones, desarrollo de bienes raíces para ciudades inteligentes y su plataforma tecnológica VüMe Live. La empresa proporciona soluciones SaaS, PAAS y UCaaS basadas en la nube a empresas de todo el mundo.
TPT Global Tech (OTC PINK:TPTW)는 급변하는 시장 상황으로 인해 이전에 발표된 주식 분할을 연기한다고 발표했습니다. 회사는 시장 상황을 재평가하고 적절한 업데이트를 제공할 것입니다.
병행 개발로, TPTW는 HillmanTok University와 파트너십 계약을 체결하여 400명의 온라인 교수와 350,000명의 등록된 온라인 학생을 회사의 최근 출시된 VuMe Super App으로 이전할 것입니다.
TPT Global Tech는 샌디에이고에 본사를 둔 기술 지주회사로, 미디어 콘텐츠 제공, 통신 인프라, 스마트 시티 부동산 개발 및 VüMe Live 기술 플랫폼을 포함한 다양한 서비스를 제공합니다. 이 회사는 전 세계 기업에 SaaS, PAAS 및 클라우드 기반 UCaaS 솔루션을 제공합니다.
TPT Global Tech (OTC PINK:TPTW) a annoncé le report de son précédent annonce concernant le regroupement d'actions en raison de l'évolution rapide des conditions du marché. L'entreprise réévaluera les conditions du marché et fournira des mises à jour si nécessaire.
Dans un développement parallèle, TPTW a signé un accord de partenariat avec HillmanTok University, qui transférera ses 400 professeurs en ligne et 350 000 étudiants inscrits en ligne vers la récente VuMe Super App de l'entreprise.
TPT Global Tech opère en tant que société de portefeuille technologique basée à San Diego, offrant divers services, y compris la livraison de contenu multimédia, l'infrastructure de télécommunications, le développement immobilier de villes intelligentes et leur plateforme technologique VüMe Live. L'entreprise propose des solutions SaaS, PAAS et UCaaS basées sur le cloud aux entreprises du monde entier.
TPT Global Tech (OTC PINK:TPTW) hat die Verschiebung seines zuvor angekündigten Reverse Stock Splits aufgrund sich schnell ändernder Marktbedingungen bekannt gegeben. Das Unternehmen wird die Marktbedingungen neu bewerten und bei Bedarf Updates bereitstellen.
In einer parallelen Entwicklung hat TPTW einen Partnerschaftsvertrag mit HillmanTok University unterzeichnet, die ihre 400 Online-Professoren und 350.000 registrierten Online-Studenten auf die kürzlich veröffentlichte VuMe Super App des Unternehmens migrieren wird.
TPT Global Tech fungiert als Technologie-Holdinggesellschaft mit Sitz in San Diego und bietet verschiedene Dienstleistungen an, darunter Medieninhaltsbereitstellung, Telekommunikationsinfrastruktur, Immobilienentwicklung für Smart Cities und ihre VüMe Live-Technologieplattform. Das Unternehmen bietet SaaS-, PAAS- und cloudbasierte UCaaS-Lösungen für Unternehmen weltweit an.
- Partnership with HillmanTok University brings 350,000 potential users to VuMe Super App
- Expansion of digital platform reach through educational sector
- Postponement of planned reverse stock split indicates potential market challenges
- Uncertainty in timeline for implementing strategic corporate actions
SAN DIEGO, CALIFORNIA / ACCESS Newswire / March 6, 2025 / TPT Global Tech, Inc. (OTC PINK:TPTW) today announced that it has postponed its determination of the previously disclosed reverse stock split in consideration of rapidly changing market conditions. The company also recently signed a partnership agreement with HillmanTok University with 400 online professors and 350,000 registered online students that will be migrated over to the company's recently released VuMe Suer App.
The company remains committed to its long-term growth strategy and will continue evaluating the most effective path forward to enhance shareholder value. Management will reassess market conditions and provide updates as appropriate.
"We believe this decision allows us to better align with current market dynamics and position the company for future success," said Stephen J. Thomas III, CEO of TPT Global Tech. "Our focus remains on executing our strategic initiatives and delivering value to our shareholders."
The company will provide further updates as new developments arise.
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
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