On 17 September 2019 SC Holdings Corp. announced that it has changed its name to Evolution Global Financial Holdings Corporation and has submitted a corporate actions form to Finra to effect the Company name and symbol change. However, we would like to update our shareholders that we decided not to do a Stock Split. We believe that the organic development of our shareholder value better reflects our corporate vision.
We will update our shareholders as soon as we receive confirmation that our application has been approved. This is expected to take between one and two months. All shareholders are advised that the change of name and symbol will be automatically reflected in brokerage account statements on the day this corporate action takes place. We are committed to issue another statement on that day.
We would also like to inform shareholders that we are optimistic about completing our Tier1 Regulation A (RegA) filing in the 4th Quarter 2019. As announced on 3 September 2019 H.K. Kam Kwan Equity Investment Management Group has already signed a funding agreement with SC Holdings Corp. (SCNG) for $5,000,000 USD which which will take effect with the approval of the RegA filing.
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of SC Holdings Corp., Inc. to be materially different from the statements made herein.
ir@smartchaincap.com