Global Tech Industries updates shareholders on contact with FINRA

Global Tech Industries has been in further contact with FINRA regarding its corporate action request to issue a dividend to its shareholders, in the form of one restricted share for every ten shares held, as of the record date of April 15, 2023. Since its board of directors initially approved and authorized management to submit the corporate action request on March 9, 2023, FINRA has asked for additional information and clarification regarding the dividend request, which the company promptly supplied. The Company is focused on complying with any and all requests from FINRA in order to complete the dividend for its shareholders and is not undertaking, nor has plans to undertake any other corporate actions, including a forward or reverse split of its common stock.

Published first on TheFly

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