{"id":528763,"date":"2021-08-17T07:33:09","date_gmt":"2021-08-17T11:33:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/moxian-inc-completes-corporate-reorganization\/"},"modified":"2021-08-17T07:33:09","modified_gmt":"2021-08-17T11:33:09","slug":"moxian-inc-completes-corporate-reorganization","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/moxian-inc-completes-corporate-reorganization\/","title":{"rendered":"Moxian, Inc. Completes Corporate Reorganization"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">HONG KONG, Aug.  17, 2021  (GLOBE NEWSWIRE) &#8212; Moxian, Inc. (\u201cMoxian\u201d or the \u201cCompany\u201d) (NASDAQ: MOXC), an Internet media marketing services provider, today announced that the reorganization of Moxian as a British Virgin Islands company has been completed. As a result of the corporate reorganization, on August 16, 2021, each outstanding share of Moxian\u2019s common stock was converted into the right to receive an ordinary share of Moxian (BVI) Inc, a British Virgin Islands company (\u201cMoxian BVI\u201d).<\/p>\n<p align=\"justify\">Pursuant to the merger agreement approved by Moxian stockholders at the annual meeting of stockholders held on July 19, 2021, the number of ordinary shares in Moxian BVI owned by each shareholder as a result of the merger is the same as the number of shares of common stock previously owned in Moxian immediately prior to the merger. Trading of the ordinary shares of Moxian BVI will begin on the NASDAQ Capital Market on August 17, 2021 under the symbol \u201cMOXC,\u201d the same symbol as that of Moxian common stock.<\/p>\n<p>\n        <strong>About Moxian<\/strong><br \/>\n        <strong>(BVI) Inc<\/strong>\n      <\/p>\n<p align=\"justify\">Founded in 2013, Moxian (BVI) Inc, formerly Moxian, Inc., is based in Hong Kong SAR, China, with subsidiaries in Shenzhen and Beijing, China, and Malaysia. It is involved in Internet media marketing.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>Forward-Looking Statements<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">\n        <em>This press release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by terms such as \u201cwill,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cfuture,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cbelieve,\u201d \u201cestimate\u201d, \u201cpotential\u201d, \u201ccontinue\u201d, \u201cin progress\u201d, \u201cgoal\u201d, \u201cguidance expectations\u201d and similar statements. Any statements that are not historical facts, including statements about the company\u2019s philosophy and expectations, are forward-looking statements that involve factors, risks, and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These factors and risks include, but are not limited to, the following: company\u2019s goals and strategies; future business development; financial status and operating results; expected growth of China\u2019s internet media marketing industry; ability to develop new products and services; demand and acceptance of our services; the relationship between the company and strategic partners; industry competition; and policies and regulations related to the company\u2019s structure, business and industry. More detailed information about these and other risks and uncertainties is included in the company\u2019s filings with the Securities and Exchange Commission. All information provided in the company\u2019s introduction is the latest information as of the date of publication of the company. Except as provided by applicable law, the company is not obligated to update such information.<\/em>\n      <\/p>\n<p>\n        <strong>For further information, please contact:<\/strong>\n      <\/p>\n<p>Tan Wanhong<br \/>Chief Financial Officer<br \/>+852 2961 4888<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_Q7u_r9puIMEmNEBqa7DlChkE8AJ-qBknM6LfyXmfOh6x8QPRUEEeKxjUNQmxTSaluhGVsngCKlg-E659IR1Tr_KcqS3h50qTn4rrE5A9HAjI5uz7bEtdTaChAVh-HEh\" rel=\"nofollow noopener\" target=\"_blank\">Tan.wanhong@moxiangroup.com<\/a><\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMxMDU0OCM0MzYyNDkwIzUwMDA2NTIxOA==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MzgxMzA1NTEtNjIxNC00ZWI5LWFhNDYtOThmYmJiNDNmMGFjLTUwMDA2NTIxOA==\/tiny\/Moxian-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG, Aug. 17, 2021 (GLOBE NEWSWIRE) &#8212; Moxian, Inc. (\u201cMoxian\u201d or the \u201cCompany\u201d) (NASDAQ: MOXC), an Internet media marketing services provider, today announced that the reorganization of Moxian as a British Virgin Islands company has been completed. As a result of the corporate reorganization, on August 16, 2021, each outstanding share of Moxian\u2019s common stock was converted into the right to receive an ordinary share of Moxian (BVI) Inc, a British Virgin Islands company (\u201cMoxian BVI\u201d). Pursuant to the merger agreement approved by Moxian stockholders at the annual meeting of stockholders held on July 19, 2021, the number of ordinary shares in Moxian BVI owned by each shareholder as a result of the merger is the same as the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/moxian-inc-completes-corporate-reorganization\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Moxian, Inc. Completes Corporate Reorganization&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-528763","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Moxian, Inc. Completes Corporate Reorganization - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/moxian-inc-completes-corporate-reorganization\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Moxian, Inc. Completes Corporate Reorganization - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HONG KONG, Aug. 17, 2021 (GLOBE NEWSWIRE) &#8212; Moxian, Inc. (\u201cMoxian\u201d or the \u201cCompany\u201d) (NASDAQ: MOXC), an Internet media marketing services provider, today announced that the reorganization of Moxian as a British Virgin Islands company has been completed. As a result of the corporate reorganization, on August 16, 2021, each outstanding share of Moxian\u2019s common stock was converted into the right to receive an ordinary share of Moxian (BVI) Inc, a British Virgin Islands company (\u201cMoxian BVI\u201d). Pursuant to the merger agreement approved by Moxian stockholders at the annual meeting of stockholders held on July 19, 2021, the number of ordinary shares in Moxian BVI owned by each shareholder as a result of the merger is the same as the &hellip; Continue reading &quot;Moxian, Inc. 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