Business
Next Group Holdings Announces New Record Date for Special Dividend and New Class D Redeemable Preferred Stock
Next Group Holdings Announces New Record Date for Special Dividend and New Class D Redeemable Preferred Stock.
About this update from Cuentas Inc.
[{"type":"text","content":"\n\n\n\nNext Group Holdings Announces New Record Date for Special Dividend and New Class D Redeemable Preferred Stock\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nNext Group Holdings Announces New Record Date for Special Dividend and New Class D Redeemable Preferred Stock\nPR Newswire\nMIAMI, June 10, 2016\n\n\n\nMIAMI, June 10, 2016 /PRNewswire/ - Next Group Holdings, Inc. (OTCQB: NXGH) (the \"Company\") today announces a change of the Record Date for the special stock dividend for shareholders originally announced on May 27, 2016.  The original Record Date for the special dividend was June 10, 2016.  The record date will now be June 28, 2016. \n\nThe Company has completed and filed requisite paperwork to issue a special dividend of one share of the new Class D redeemable preferred stock for each share of NXGH common stock held. To receive the special dividend, each NXGH shareholder needs only to take the appropriate steps with their brokerage house to verify their position in the Company.\n\nThe change on the record date is due to FINRA's request for additional information regarding this dividend.  We are in the process of gathering this material and responding to FINRA's request. \n\n\"Rescheduling the effective Record Date for this dividend is necessary to comply with FINRA's request for information,\" said Arik Maimon, NXGH's Chairman and CEO. \"This special dividend has great potential to bring extra value to NXGH and each shareholder.\" added Maimon. \n\nNext Group Holdings has provided the stockholder letter necessary to request the Class D preferred stock certificate from the Company free of charge at www.nextgroupholdings.com under the \"Investors Relations\" in the main menu and \"Dividend\" tab. \n\nThe complete 8-K regarding the dividend and new class of share filed with the Securities and Exchange Commission is available at: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11397857.\n\nAbout Us: NXGH is a corporation headquartered in Miami, Florida, which, through its operating subsidiaries, engages in the business of using proprieta...