- GivBux, Inc. (GBUX, Financial) announces a special warrant dividend for shareholders.
- Warrants are issued on a 1-for-10 basis at a $4.00 exercise price per share.
- The ex-dividend date is set for May 15, 2025, with distribution on May 21, 2025.
GivBux, Inc. (GBUX), a pioneer in fintech, retail, and charitable giving, has finalized the terms of its special warrant dividend for shareholders. The company will distribute the warrants on a 1-for-10 basis, enabling shareholders to purchase an additional share of common stock for every ten shares owned at an exercise price of $4.00 per share.
The ex-dividend date is scheduled for May 15, 2025, and the distribution date will be May 21, 2025. This strategic initiative aims to incentivize shareholders by providing an opportunity to engage in the company's projected growth as it expands its Super App platform.
Issued electronically through book-entry registration, the warrants will be detailed under the Company's Warrant Agreement. This approach streamlines the distribution process and aligns with GivBux's commitment to technological advancement and shareholder value creation. Further details regarding the warrants will be made available on the company's official website alongside regulatory filings.
Umesh Tim Singh, President of GivBux, Inc., emphasized the company's dedication to fostering shareholder value through innovative strategies that support the platform’s evolution. The GivBux Super App continues to expand, offering enhanced functionalities and building a community of users dedicated to e-commerce and charitable giving.
GivBux stands as a testament to blending technology with philanthropy, maintaining its mission to revolutionize the shopping experience while nurturing the spirit of giving.
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