SafeSpace Global Corp -> SpinCo
SSGC / n/a ยท detected 2026-02-20
Approval of the Action will facilitate the raising of capital through the sale of shares of common stock, resulting in proceeds to the Company, which the Company may use for working capital and general corporate purposes.
The Company reserves the right (but is not obligated) to accept any written consent received by any other reasonable means or in any form that reasonably evidences the giving of consent to the approval of the Action.
The organization holding your account is considered the stockholder of record for purposes of this consent solicitation.
Reasons for the Increase in Authorized Capital Currently, the Company is authorized to issue up to 200,000,000 shares of common stock, pursuant to the Amended and Restated Articles of Incorporation.
Our Board authorized and approved the Charter Amendment so that additional stock will be available for issuance for general corporate purposes, including financing activities, without further action by our stockholders.
We do not have any definitive plans, proposals, or arrangements to issue any of the newly available authorized shares of Common Stock for any purpose, or which may result in a change in control of the Company.