Business
TORON Inc. Announces Corporate Name Change, Symbol Change, And Reverse Stock Split
TORON Inc. Announces Corporate Name Change, Symbol Change, And Reverse Stock Split.
About this update from All Things Mobile Analytic Inc.
[{"type":"text","content":"Significant Corporate Changes Underway For Next PhaseNEW YORK, NY / ACCESSWIRE / August 5, 2020 / Toron Inc. (OTC PINK:TRON) ("Toron" or the "Company"), today announced that it has completed several significant corporate milestones.Toron is focused on providing disruptive technology for micro payments and mobile device online gaming, telecommunications and fintech services creating hi tech solutions, developing applications and forming distribution partnerships for strategic growth of owned and partner brands with distribution in the market globally.The Company announced today that FINRA has finished processing the Company's application to move forward with certain corporate actions, and confirmed a corporate name change to All Things Mobile Analytic, Inc. The Company changed its name in the State of Nevada, with a Certificate of Amendment filed on January 12, 2020. The Company will commence using its new name immediately.Further, the Company announced a change in its trading symbol. The new trading symbol will become OTC PINK:ATMH which the company feels more appropriately reflects the activities of the business - ‘All Things Mobile Analytic Inc.™'. For the next 20 business days (starting August 6, 2020), the trading symbol will temporarily be TROND, then will begin trading under the new ticker symbol, ATMH.Additionally, the Company announced a 1:200 reverse split of its issued and outstanding common stock. The reverse stock split will become effective August 6, 2020 (the "Effective Date"). The company's common stock is expected to begin trading on a split-adjusted basis when the markets open on August 6, 2020 under the trading symbol "TROND". The new CUSIP number following the reverse split will be 016691107.Every 200 shares of the Company's current issued and outstanding common stock will automatically be converted into one issued and outstanding share of common stock, with no change in par value per share. Stockholders are not required to take any action; no fractional shares will be issued following the reverse split. Stockholders holding fractional shares as a result of the reverse stock split will be rounded up to the next whole share."We are pleased to continue delivering on our commitments to shareholders and the marketplace. Our customers, as well...