HONG KONG, Aug. 17, 2021 (Globe NEWSWIRE) — Moxian, Inc. (“Moxian” or the “Company”) (NASDAQ: MOXC), an Internet media marketing companies provider, today announced that the reorganization of Moxian as a British Virgin Islands firm has been concluded. As a outcome of the corporate reorganization, on August 16, 2021, just about every exceptional share of Moxian’s prevalent stock was transformed into the proper to obtain an everyday share of Moxian (BVI) Inc, a British Virgin Islands enterprise (“Moxian BVI”).
Pursuant to the merger arrangement permitted by Moxian stockholders at the annual assembly of stockholders held on July 19, 2021, the range of standard shares in Moxian BVI owned by just about every shareholder as a end result of the merger is the exact as the quantity of shares of prevalent inventory formerly owned in Moxian instantly prior to the merger. Trading of the normal shares of Moxian BVI will commence on the NASDAQ Cash Industry on August 17, 2021 underneath the image “MOXC,” the exact same symbol as that of Moxian typical stock.
About Moxian (BVI) Inc
Established in 2013, Moxian (BVI) Inc, formerly Moxian, Inc., is centered in Hong Kong SAR, China, with subsidiaries in Shenzhen and Beijing, China, and Malaysia. It is involved in Web media advertising.
This press release contains forward-on the lookout statements as outlined in Segment 21E of the Securities Trade Act of 1934, as amended. These ahead-looking statements may perhaps be identified by terms these kinds of as “will,” “expect,” “anticipate,” “future,” “intend,” “plan,” “believe,” “estimate”, “potential”, “continue”, “in progress”, “goal”, “guidance expectations” and related statements. Any statements that are not historic information, which include statements about the company’s philosophy and anticipations, are ahead-on the lookout statements that involve aspects, risks, and uncertainties that could bring about true results to vary materially from individuals in the forward-searching statements. These factors and hazards incorporate, but are not minimal to, the pursuing: company’s plans and methods long run enterprise enhancement money status and operating final results envisioned progress of China’s world-wide-web media internet marketing field potential to create new solutions and companies need and acceptance of our services the connection between the enterprise and strategic partners field opposition and insurance policies and polices associated to the company’s structure, company and business. More specific data about these and other threats and uncertainties is incorporated in the company’s filings with the Securities and Trade Commission. All details furnished in the company’s introduction is the newest facts as of the day of publication of the corporation. Other than as provided by applicable legislation, the enterprise is not obligated to update this kind of information.
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