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Global Tech Industries Group, Inc. Announces a Clarification of the Board Decision to Set a New Strike Price for the Outstanding Warrants
Global Tech Industries Group, Inc. Announces a Clarification of the Board Decision to Set a New Strike Price for the Outstanding Warrants
New York, NY, Sept. 30, 2022 (GLOBE NEWSWIRE) -- (GTII: OTCQB) Global Tech Industries Group, Inc. ("GTII" or "The Company"), , announced today that it is working on the document(s) required to lower the exercise price of the Warrants it distributed to shareholders last year to $2.00. In the meantime, the Company has set up an email address, whereby shareholders can contact the Company's transfer agent, Liberty Stock Transfer, Inc. ("Liberty") with their questions regarding the mechanics, timing and effect of the decision to change the Warrant strike price. Until all necessary steps are taken by the Company, the exercise price of the Warrants shall remain unchanged. We anticipate that the new exercise price will be effective on or before October 7, 2022. Shortly thereafter the Company will be filing an amendment to its registration statement on Form S-1 in order to register the shares of the Company's common stock underlying the newly priced Warrants.
For more information, please contact: Gtiiwarrants@libertystocktransfer.com
About Global Tech Industries Group, Inc.:
GTII is a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies. Visit GTII here
Please follow our Company at: or at
Safe Harbor Forward-Looking Statements:
This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company's most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.
Words such as "estimate," "project," "predict," "will," "would," "should," "could," "may," "might," "anticipate," "plan," "intend," "believe," "expect," "aim," "goal," "target," "objective," "likely" or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.
Global Tech Industries Group, Inc.
511 Sixth Avenue, Suite 800
New York, NY 10011
Info@gtii-us.com
New York, NY, Sept. 30, 2022 (GLOBE NEWSWIRE) -- (GTII: OTCQB) Global Tech Industries Group, Inc. ("GTII" or "The Company"), , announced today that it is working on the document(s) required to lower the exercise price of the Warrants it distributed to shareholders last year to $2.00. In the meantime, the Company has set up an email address, whereby shareholders can contact the Company's transfer agent, Liberty Stock Transfer, Inc. ("Liberty") with their questions regarding the mechanics, timing and effect of the decision to change the Warrant strike price. Until all necessary steps are taken by the Company, the exercise price of the Warrants shall remain unchanged. We anticipate that the new exercise price will be effective on or before October 7, 2022. Shortly thereafter the Company will be filing an amendment to its registration statement on Form S-1 in order to register the shares of the Company's common stock underlying the newly priced Warrants.
纽约,纽约州,9月2022年30日(环球通讯社)--(GTII:OTCQB)Global Tech Industries Group,Inc.(“GTII”或“本公司”)今天宣布,它正在制定文件,将去年分发给股东的认股权证的行使价格降至2.00美元。与此同时,公司已经建立了一个电子邮件地址,股东可以通过该地址联系公司的转让代理Liberty Stock Transfer,Inc.(“Liberty”),询问他们关于改变认股权证执行价格决定的机制、时间和效果的问题。在本公司采取所有必要步骤之前,认股权证的行使价将保持不变。我们预计新的行权价格将于2022年10月7日或之前生效。此后不久,该公司将提交一份S-1表格登记说明的修正案,以便登记作为新定价认股权证基础的公司普通股股份。
For more information, please contact: Gtiiwarrants@libertystocktransfer.com
欲了解更多信息,请联系:Gtiiwarrants@LibertystockTransfer。
About Global Tech Industries Group, Inc.:
ABout Global Technology Industries Group,Inc.
GTII is a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies. Visit GTII here
GTII是一家在内华达州注册成立的上市公司,专门从事获取新技术和创新技术。点击此处访问GTII
Please follow our Company at: or at
请通过以下地址关注本公司:或
Safe Harbor Forward-Looking Statements:
This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company's most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.
安全港前瞻性陈述:
本新闻稿可能包含基于当前预期、预测和假设的前瞻性陈述,这些陈述涉及风险和不确定性,可能导致实际结果和结果与预期或预期的结果大不相同,包括与我们未来季度和年度的财务业绩、预期收入、分配和未来增长有关的预期收入的数额和时间的陈述。这些风险和不确定性在该公司提交给美国证券交易委员会(美国证券交易委员会)的文件和报告中有进一步的定义。由于我们向美国证券交易委员会提交的文件中不时详述的多种因素,实际结果和某些事件的时间可能与前瞻性表述中预测或预期的结果大不相同。在其他事项中,本公司可能无法持续增长或基于许多因素实现盈利,这些因素包括但不限于我们将无法找到和收购使我们能够盈利的业务和资产的风险。谨此参考公司最近提交给美国证券交易委员会的文件中提出的警示声明。我们已经并将继续在我们的发展阶段产生巨额支出,并指出不能保证我们将在短期和长期产生足够的收入来抵消这些成本。新的业务线可能会让我们面临额外的法律和监管成本以及未知的风险敞口,其影响目前无法预测。
Words such as "estimate," "project," "predict," "will," "would," "should," "could," "may," "might," "anticipate," "plan," "intend," "believe," "expect," "aim," "goal," "target," "objective," "likely" or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.
例如“估计”、“计划”、“预测”、“将”、“将”、“应该”、“可能”、“预期”、“计划”、“打算”、“相信”、“预期”、“目标”表达事件或结果的预期性质的“可能”或类似表述通常表示前瞻性陈述。您不应过分依赖这些前瞻性陈述,这些陈述仅在本新闻稿发布时发表。除非法律要求,否则我们不承担因新信息、未来事件或其他原因而更新、修改或撤回任何前瞻性陈述的义务。
Global Tech Industries Group, Inc.
511 Sixth Avenue, Suite 800
New York, NY 10011
Info@gtii-us.com
环球科技工业集团有限公司。
第六大道511号,800号套房
纽约州纽约市,邮编:10011
邮箱:info@gtii-us.com
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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