OTCID: $GREH Clarification Regarding Restricted Share Issuance to CEO Alfredo Papadakis

Rhea-AI Summary

Green Rain Energy Holdings (OTCID: GREH) issued a clarification about restricted common shares granted to CEO Alfredo Papadakis under the Board Resolution and Shareholder Written Consent dated October 10, 2025.

The shares carry a four-year contractual restriction tied to executive compensation (possible vesting or LTIP) and are described as aligning leadership incentives with long-term shareholder value; they are not a regulatory Rule 144 holding requirement. Copies of the October 10, 2025 resolutions are attached to the clarification. For questions on share distribution, shareholders were directed to contact Securitize in Las Vegas.

News Market Reaction

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On the day this news was published, GREH gained 7.69%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

BEVERLY HILLS, Calif., Nov. 19, 2025 (GLOBE NEWSWIRE) -- Green Rain Energy Holdings Inc. (“Green Rain Energy” or the “Company”) issues this Clarification to provide additional transparency regarding the restricted common shares recently granted to Chief Executive Officer Alfredo Papadakis pursuant to the Board Resolution and Shareholder Written Consent dated October 10, 2025.

What This Means

• Restricted Shares Granted: Green Rain Energy Holdings issued restricted common shares to CEO Alfredo Papadakis.
• Four-Year Restriction:
  • This is contractual, tied to executive compensation terms—not a regulatory requirement.
  • It is not related to SEC Rule 144, which generally requires a six-month holding period for resale.
• Purpose of Restriction:
  • Designed to align executive performance with long-term shareholder value.
  • May involve a vesting schedule or Long-Term Incentive Plan (LTIP) under Papadakis’ employment agreement.
• Board’s Position:
  • Reflects strong confidence in Papadakis’ leadership and commitment to governance, transparency, and growth.
    

Next Steps for Shareholders

• For questions about the share dividend distribution, contact Securitize (formerly Pacific Stock Transfer) in Las Vegas, Nevada.
• Copies of the Board Resolution and Shareholder Written Consent (dated October 10, 2025) are attached to the original clarification.

Copies of the Board Resolution and Shareholder Written Consent, each dated October 10, 2025, are attached and incorporated herein by reference.

About Green Rain Energy Holdings (OTCID: $GREH):
Green Rain Energy Holdings is a Wyoming-based company dedicated to advancing sustainable energy initiatives through its subsidiary Green Rain Solar Inc. By transforming rooftops into renewable energy assets and expanding EV charging networks nationwide, Green Rain Energy is driving the transition toward a cleaner, smarter energy future.

For more information, visit: https://greenrainenergy.com/

Investor Relations: https://greenrainenergy.com/investor-relations/
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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.

Michael Cimino: Michael@pubcopr.com

FAQ

What did Green Rain Energy (GREH) clarify about the restricted shares granted to CEO Alfredo Papadakis on November 19, 2025?

The company clarified the restricted shares are contractual, carry a four-year restriction, and are tied to executive compensation and possible vesting/LTIP terms.

Are the restricted shares to GREH CEO Alfredo Papadakis subject to SEC Rule 144 resale timing?

No; the company states the four-year restriction is contractual and not related to SEC Rule 144 six-month resale requirements.

When were the Board Resolution and Shareholder Written Consent approving GREH restricted shares dated?

Both the Board Resolution and Shareholder Written Consent are dated October 10, 2025.

Who should GREH shareholders contact with questions about the restricted share distribution?

Shareholders were directed to contact Securitize (formerly Pacific Stock Transfer) in Las Vegas for questions about the share dividend distribution.

What is Green Rain Energy (OTCID: GREH) claiming is the purpose of the restricted shares granted to its CEO?

The company says the restriction is designed to align executive performance with long-term shareholder value and may involve a vesting schedule or LTIP under the employment agreement.