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BLAQclouds, Inc. Announces Spinout of BLAQclouds Property Group and Shareholder Distribution Details
BLAQclouds, Inc. Announces Spinout of BLAQclouds Property Group and Shareholder Distribution Details.
About this update from Blaqclouds Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n BLAQclouds, Inc. Announces Spinout of BLAQclouds Property Group and Shareholder Distribution Details\r\n \r\n \r\n\r\n\r\nBLAQclouds, Inc. Announces Spinout of BLAQclouds Property Group and Shareholder Distribution Details\r\n\r\n\r\n\r\n\r\n\r\nROBESONIA, Pa., Dec. 31, 2025 (GLOBE NEWSWIRE) -- BLAQclouds, Inc. (OTC: BCDS), a Web3 infrastructure, fintech, and digital asset company, today announced the planned spinout of BLAQclouds Property Group, a wholly owned subsidiary formed in Wyoming that is focused on the acquisition and management of income-producing, brick-and-mortar commercial real estate. CLICK HERE for corporate details. The Company has set an ex-dividend date of January 5, 2026, at 4:00 PM Eastern Time, for the distribution of shares in BLAQclouds Property Group to eligible BLAQclouds shareholders. https://ml.globenewswire.com/Resource/Download/2e9b24ae-ccc8-4b58-9ba9-4de972893249/blaqclouds-property-group-inc-.png Spinout Distribution Details \r\n BLAQclouds Property Group, Inc. a Wyoming Corporation (formation date 12/11/24) https://www.bpginc.io/\r\n 100,000,000 common shares authorized, no par, no preferred\r\n Distribution Ratio:Shareholders will receive one (1) share of BLAQclouds Property Group for every one hundred (100) shares of BLAQclouds, Inc. (BCDS) owned as of the ex-dividend date.\r\n Ex-Date:January 5, 2026 at 4:00 PM EST\r\n Transfer Agent:Dominion Stock Transfer will act as the transfer agent for the distribution.\r\n Only shareholders of record holding BCDS shares as of the ex-dividend date will be eligible to receive the spinout shares. Strategic Focus of BLAQclouds Property Group BLAQclouds Property Group will focus exclusively on the acquisition, ownership, and management of brick-and-mortar commercial real estate across high-growth and strategically selected markets, including: \r\n Pennsylvania\r\n Colorado\r\n California\r\n Texas\r\n Florida\r\n The spinout is designed to provide shareholders with direct exposure to real-asset value while allowing the property group to operate with a focused real estate mandate. Ongoing Relationship Between the Companies Following the spinout: \r\n BLAQclouds, Inc. will retain a 60% ownership stake in BLAQclouds Property Group.\r\n BLAQclouds will serve as the Chief Technical and Blockchain Architect for all properties owned by BLAQc...