/C O R R E C T I O N -- Green Rain Energy Holdings, Inc./

Rhea-AI Summary

Green Rain Energy Holdings (OTCID: GREH) finalized a special stock dividend and a voluntary stock buyback program to strengthen shareholder alignment and capital structure.

The special dividend is 1 share per 100 shares with a record date of March 31, 2026 (subject to FINRA approval). The buyback runs Apr 1–Jun 30, 2026 at $0.045 per share for holders of up to 2,500 shares.

Positive

• Special dividend ratio: 1 share per 100 shares (Record Date 03/31/2026)
• Buyback price fixed at $0.045 per share (Apr 1–Jun 30, 2026)
• Repurchased shares will be cancelled and returned to treasury

Negative

• Implementation of the stock dividend is subject to FINRA approval
• Buyback program may not be approved or implemented as described
• Fractional shares from the dividend will be rounded up, increasing issued shares

News Market Reaction – GREH

+8.57%

1 alert

+8.57% News Effect

On the day this news was published, GREH gained 8.57%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

In the news release, GREEN RAIN ENERGY HOLDINGS (OTCID: GREH) Provides Corporate Update: Finalized Special Stock Dividend, Voluntary Stock Buyback Program, and Strategic Growth Initiatives, issued 25-Feb-2026 by Green Rain Energy Holdings, Inc. over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:

GREEN RAIN ENERGY HOLDINGS (OTCID: GREH) Provides Corporate Update: Finalized Special Stock Dividend, Voluntary Stock Buyback Program, and Strategic Growth Initiatives

BEVERLY HILLS, Calif., Feb. 25, 2026 /PRNewswire/ -- Green Rain Energy Holdings (OTCID: GREH) ("Green Rain Energy," "GREH," or the "Company") is pleased to provide shareholders with a significant corporate update highlighting strategic actions designed to strengthen shareholder alignment, optimize the Company's capital structure, and support long-term value creation.

Special Stock Dividend Finalized — Record Date March 31, 2026

The Company has finalized the structure of its previously announced special stock dividend, subject to customary regulatory approvals.

Dividend Details

Dividend Ratio: One (1) share of restricted common stock for every 100 shares of common stock held.

Record Date: March 31, 2026

Shareholder Action Required: None — no action or vote is required

Regulatory Status: Implementation remains subject to customary approval from FINRA.

Fractional Shares: Fractional shares will not be issued; amounts will be rounded up to the next highest whole share.

Tax Treatment: The distribution is intended to qualify as tax-free for U.S. federal income tax purposes.

Legal counsel is finalizing required submissions and will file all applicable documentation with FINRA in the coming days.

Strategic Purpose of the Dividend

Unlike traditional distributions designed solely to reward holders, this stock dividend is intended to strategically align shareholders with the Company's next phase of expansion by:

• Broadening long-term shareholder participation in anticipated corporate growth.
  
  
• Supporting capital structure stability while preserving cash resources for execution.
  
  
• Enhancing shareholder alignment with strategic acquisitions and operational expansion initiatives.
  
  
• Management believes this dividend structure allows shareholders to participate more directly in the Company's long-term growth trajectory while reinforcing confidence in future execution.

Voluntary Stock Buyback Program Finalized

The Company further announces that its voluntary stock buyback program has been finalized following formal approval by the Board of Directors.

Program Overview

Available to shareholders holding up to 2,500 common shares

Eligible participants may sell shares directly to the Company at a fixed price of $0.045 per share, consistent with the Company's amended Regulation A offering price

Program start date: April 1, 2026

Program expiration date: June 30, 2026

An independent escrow agent will be engaged to administer and facilitate the transaction

Any repurchased shares will be cancelled and returned to the Company's corporate treasury, thereby reducing the number of issued and outstanding shares and supporting long-term shareholder value through potential reduction in dilution.

The Company cautions that there is no assurance the program will be approved or implemented as described, and any such program will be conducted in full compliance with applicable securities laws and regulations.

Strategic Corporate Developments

Green Rain Energy continues to advance a number of initiatives expected to strengthen the Company's long-term position, including:

Ongoing updates regarding the proposed acquisition of Chronicle Electric Inc.

Settlement and mitigation arrangements involving outstanding convertible debt instruments designed to improve balance sheet stability.

Continued progress on project development and expansion initiatives.

Management will continue to provide updates as material developments occur.

Management Commentary

"These initiatives represent a balanced approach to shareholder value creation," said Alfredo Papadakis CEO of the company. "By finalizing both the stock dividend and the voluntary buyback program, we are demonstrating confidence in the Company's long-term strategy while maintaining a disciplined focus on capital management. Combined with acquisition opportunities and continued operational development, we believe Green Rain Energy is positioning itself as a compelling long-term value investment."

About Green Rain Energy Holdings Inc.

Green Rain Energy Holdings Inc. (OTCID: GREH) is a holding company focused on opportunities in renewable energy and related sustainable technologies. The Company seeks to identify, acquire, and develop assets that align with long-term trends in clean energy and environmental responsibility.

Visit: https://greenrainenergy.com/
Investor Relations: https://greenrainenergy.com/investor-relations/
Follow us on X (Twitter): https://x.com/GreenRainEnergy
Follow us on Facebook: https://www.facebook.com/profile.php?id=61580025893268&mibextid=wwXIfr
Follow us on Instagram: https://www.instagram.com/green.rain.energy/?igsh=MW9jY3g0MmZiaG5pNg%3D%3D&utm_source=qr#
Follow us on YouTube: https://www.youtube.com/@GreenRainEnergy

Forward Looking Statements:

This release contains forward-looking statements under Sections 27A and 21E of U.S. securities laws, subject to safe harbor provisions. These statements involve risks and uncertainties that could cause actual results to differ materially, including technical, permitting, or other challenges. Green Rain Energy assumes no obligation to update forward-looking statements except as required by law.

Correction: An earlier version of this release required an update to the date.

View original content to download multimedia:https://www.prnewswire.com/news-releases/green-rain-energy-holdings-otcid-greh-provides-corporate-update-finalized-special-stock-dividend-voluntary-stock-buyback-program-and-strategic-growth-initiatives-302696835.html

SOURCE Green Rain Energy Holdings, Inc.

FAQ

What is Green Rain Energy's (GREH) special stock dividend ratio and record date?

The dividend is one restricted share per 100 common shares, with a record date of March 31, 2026. According to the company, implementation remains subject to customary FINRA regulatory approval and legal filings.

How does the GREH voluntary stock buyback program work and when does it run?

Shareholders holding up to 2,500 common shares may sell directly at $0.045 per share. According to the company, the program runs from April 1 to June 30, 2026 and will use an independent escrow agent.

Will GREH issue fractional shares for the special dividend (OTCID: GREH)?

No fractional shares will be issued; amounts will be rounded up to the next whole share. According to the company, rounding up increases whole-share issuance rather than creating fractional holdings.

What happens to shares repurchased under Green Rain Energy's buyback (GREH)?

Any repurchased shares will be cancelled and returned to the company's corporate treasury, reducing issued and outstanding shares. According to the company, this supports long-term shareholder value by addressing dilution.

Is the GREH special dividend taxable for U.S. shareholders?

The distribution is intended to qualify as tax-free for U.S. federal income tax purposes. According to the company, this treatment is the intent but shareholders should consult tax advisors for personal tax consequences.

Are there other strategic actions Green Rain Energy (GREH) disclosed alongside the dividend and buyback?

Yes. The company cited progress on a proposed acquisition of Chronicle Electric and settlement arrangements for outstanding convertible debt. According to the company, these actions aim to improve balance sheet stability and support growth.