Business
BLAQclouds, Inc. Provides Update on BLAQclouds Property Group Spinout and Shareholder Verification Procedures
BLAQclouds, Inc. Provides Update on BLAQclouds Property Group Spinout and Shareholder Verification Procedures.
About this update from Blaqclouds Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n BLAQclouds, Inc. Provides Update on BLAQclouds Property Group Spinout and Shareholder Verification Procedures\r\n \r\n \r\n\r\n\r\nBLAQclouds, Inc. Provides Update on BLAQclouds Property Group Spinout and Shareholder Verification Procedures\r\n\r\n\r\n\r\n\r\n\r\nROBESONIA, Pa., Jan. 06, 2026 (GLOBE NEWSWIRE) -- BLAQclouds, Inc. (OTC: BCDS) (“BLAQclouds” or the “Company”) today provided an important update regarding the previously announced spinout of BLAQclouds Property Group and related shareholder procedures. https://ml.globenewswire.com/Resource/Download/e696fcca-0c6e-4d7b-8480-f2d1c7a786a7/imagen2.png The Company confirms that the ex-date for bona fide shareholders of record of OTC: BCDS is January 5, 2026, at 4:00 PM Eastern Time. Shareholders holding BCDS shares as of this ex-date will be eligible to participate in the BLAQclouds Property Group spinout. As part of its shareholder outreach and reconciliation process, BLAQclouds has requested the most recent NOBO (Non-Objecting Beneficial Owners) list from Broadridge. The Company was informed today that the next available NOBO list run will occur on January 7, 2026, at 4:00 PM Mountain Time. To ensure that shareholders who purchased or held OTC: BCDS shares through the January 5, 2026 ex-date are not disadvantaged by this timing, the Company has implemented a supplemental shareholder verification process. Shareholder Verification and Trading Continuity In order to assist shareholders who acquired or held OTC: BCDS shares up to and through the January 5, 2026 ex-date, BLAQclouds has created a dedicated shareholder verification landing page. Shareholders may upload verification of their BCDS holdings as of January 6, 2026, allowing them to continue trading their OTC: BCDS positions without concern about missing participation in the spinout. The Company and its transfer agent will accept these submissions as valid confirmation of the shareholder’s OTC: BCDS holdings as of the ex-date. OTC: BCDS Shareholder Verification Form: https://www.incognitokyc.io/bpgi Spinout Procedures and Key Timing Information The Company further confirms the following procedures related to the BLAQclouds Property Group spinout: \r\n Spinout Timing: Estimated 1–4 weeks, subject to FINRA processing schedules.\r\n Transfer Agent: Dominion Stoc...