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Astra Energy, Inc. (OTCQB:ASRE), a company specializing in electric services, announced the appointment of two new members to its board of directors on May 22, 2025. The new directors, Tom Rose and Fred L. Solomon, bring extensive experience in the energy sector and business management to the Astra Energy board.
Tom Rose is known for his expertise in governmental policy and regulatory affairs within the energy industry. With a career spanning over 45 years, Rose has held various roles at TXU Corporation and is the President of Geometric Strategies, a consulting firm he founded. Additionally, he serves as a Senior Consultant at CMG Consulting.
Fred L. Solomon, the Chairman Emeritus of Sustainable Energy Technologies, Inc. (SETI), has over three decades of executive management experience. Solomon has a history of entrepreneurial success, having founded and directed several startups. His background includes managing significant construction projects and serving as President and Founder of multiple companies.
In a related corporate update, Astra Energy disclosed the reclassification of 10 million shares held by related parties to Class B non-voting shares. This decision follows the resignation of Robert Holcomb on April 14, 2025, and is pending the outcome of legal action by the United States District Court for the Middle District of Florida. The move aims to safeguard the interests of Class A common stockholders.
The information for this report is based on a press release statement from Astra Energy, Inc. provided in a recent SEC filing.
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