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Givbux, Inc. (OTC:GBUX) has announced a special dividend package in the form of restricted warrants for shareholders holding ten or more shares of its common stock. The company’s board of directors approved this initiative on May 21, 2025, and it became effective as of the close of business on June 5, 2025, according to a recent SEC filing.
Shareholders will receive one warrant for every ten shares they hold. These warrants are exercisable at a price of $4.00 per share and will remain valid until June 5, 2026. Givbux has set up an email address, warrants@givbux.com, for shareholders to verify their warrants and address any questions. In the interim, Robert Thompson, the company’s secretary, has been appointed as the warrant agent.
The company will file a Form D with the Securities and Exchange Commission to cover these issuances under federal securities laws and will evaluate whether shareholders are accredited investors during the special dividend period. If required, Givbux plans to file a registration statement on Form S-1 before June 5, 2026, to cover the warrants.
The special dividend warrants will be considered restricted securities under Rule 144 of the Securities and Exchange Act of 1933, as they require a payment of $4.00 upon exercise. This announcement is based on a press release statement from Givbux.
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