Moxian, Inc. Completes Corporate Reorganization
17 Août 2021 - 1:30PM
Moxian, Inc. (“Moxian” or the “Company”) (NASDAQ: MOXC), an
Internet media marketing services provider, today announced that
the reorganization of Moxian as a British Virgin Islands company
has been completed. As a result of the corporate reorganization, on
August 16, 2021, each outstanding share of Moxian’s common stock
was converted into the right to receive an ordinary share of Moxian
(BVI) Inc, a British Virgin Islands company (“Moxian BVI”).
Pursuant to the merger agreement approved by
Moxian stockholders at the annual meeting of stockholders held on
July 19, 2021, the number of ordinary shares in Moxian BVI owned by
each shareholder as a result of the merger is the same as the
number of shares of common stock previously owned in Moxian
immediately prior to the merger. Trading of the ordinary shares of
Moxian BVI will begin on the NASDAQ Capital Market on August 17,
2021 under the symbol “MOXC,” the same symbol as that of Moxian
common stock.
About Moxian (BVI) Inc
Founded in 2013, Moxian (BVI) Inc, formerly
Moxian, Inc., is based in Hong Kong SAR, China, with subsidiaries
in Shenzhen and Beijing, China, and Malaysia. It is involved in
Internet media marketing.
Forward-Looking Statements
This press release contains forward-looking
statements as defined in Section 21E of the Securities Exchange Act
of 1934, as amended. These forward-looking statements may be
identified by terms such as “will,” “expect,” “anticipate,”
“future,” “intend,” “plan,” “believe,” “estimate”, “potential”,
“continue”, “in progress”, “goal”, “guidance expectations” and
similar statements. Any statements that are not historical facts,
including statements about the company’s philosophy and
expectations, are forward-looking statements that involve factors,
risks, and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements. These
factors and risks include, but are not limited to, the following:
company’s goals and strategies; future business development;
financial status and operating results; expected growth of China’s
internet media marketing industry; ability to develop new products
and services; demand and acceptance of our services; the
relationship between the company and strategic partners; industry
competition; and policies and regulations related to the company’s
structure, business and industry. More detailed information about
these and other risks and uncertainties is included in the
company’s filings with the Securities and Exchange Commission. All
information provided in the company’s introduction is the latest
information as of the date of publication of the company. Except as
provided by applicable law, the company is not obligated to update
such information.
For further information, please contact:
Tan WanhongChief Financial Officer+852 2961
4888Tan.wanhong@moxiangroup.com
Moxian (NASDAQ:MOXC)
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