Recreatives Industries (OTC: RECX) Reduces Authorized Common Shares by Over 50% to Strengthen Shareholder Value and Capital Structure
Recreatives Industries (OTC: RECX) announced its Board approved a reduction of authorized common shares from 1,450,000,000 to 700,000,000, effective Oct. 30, 2025 — a 52% reduction. The company said the change aims to maintain a disciplined equity structure, minimize dilution, and strengthen alignment between management and shareholders. The release notes recent initiatives including a $2 million dealer floor plan facility with Dealer Direct and implementation of a global payment system for vehicle and parts sales.
The company framed the move as preserving flexibility for future financing and signaling commitment to prudent capital management and shareholder transparency.
Recreatives Industries (OTC: RECX) ha annunciato che il Consiglio ha approvato una riduzione delle azioni ordinarie autorizzate da 1.450.000.000 a 700.000.000, con effetto dal 30 ottobre 2025 — una riduzione del 52%. L'azienda ha dichiarato che la modifica mira a mantenere una struttura azionaria disciplinata, a minimizzare la diluizione e a rafforzare l'allineamento tra la direzione e gli azionisti. Il comunicato evidenzia iniziative recenti tra cui una linea di floor plan per concessionari di 2 milioni di dollari con Dealer Direct e l'implementazione di un sistema di pagamento globale per la vendita di veicoli e pezzi di ricambio.
L'azienda ha inquadrato la mossa come una forma di preservare la flessibilità per un futuro finanziamento e un segnale di impegno verso una gestione prudente del capitale e la trasparenza nei confronti degli azionisti.
Recreatives Industries (OTC: RECX) anunció que su Junta aprobó una reducción de las acciones comunes autorizadas de 1.450.000.000 a 700.000.000, con efecto el 30 de octubre de 2025 — una reducción del 52%. La empresa indicó que el cambio busca mantener una estructura de capital disciplinada, minimizar la dilución y fortalecer la alineación entre la dirección y los accionistas. El comunicado señala iniciativas recientes, incluida una línea de financiamiento estilo floor plan para concesionarios de 2 millones de dólares con Dealer Direct y la implementación de un sistema de pagos global para la venta de vehículos y repuestos.
La empresa enmarcó la medida como una manera de preservar la flexibilidad para financiamiento futuro y de señalar su compromiso con una gestión prudente del capital y la transparencia para los accionistas.
Recreatives Industries (OTC: RECX) 이사회는 2025년 10월 30일부터 효력이 발생하는 1,450,000,000주에서 700,000,000주로의 발행 주식 수 축소를 승인했습니다 — 52% 감소입니다. 회사는 이 변화가 엄격한 자본 구조를 유지하고, 희석을 최소화하며 경영진과 주주 간의 정렬을 강화하는 것을 목표로 한다고 밝혔습니다. 발표에는 Dealer Direct와의 딜러 플로어 플랜 200만 달러 규모의 시설 및 차량 및 부품 판매를 위한 글로벌 결제 시스템의 구현 등 최근 이니셔티브가 포함되어 있습니다.
회사는 이 조치를 향후 자금 조달의 유연성을 보존하고 신중한 자본 관리와 주주에 대한 투명성에 대한 약속을 신호하는 것으로 설명했습니다.
Recreatives Industries (OTC: RECX) a annoncé que son conseil d'administration a approuvé une réduction du nombre d'actions ordinaires autorisées passant de 1 450 000 000 à 700 000 000, avec effet au 30 octobre 2025 — une réduction de 52 %. L'entreprise a déclaré que ce changement vise à maintenir une structure d'autonomisation disciplinée, à minimiser la dilution et à renforcer l'alignement entre la direction et les actionnaires. Le communiqué mentionne des initiatives récentes, notamment une facilité de plan de financement pour concessionnaires de 2 millions de dollars avec Dealer Direct et la mise en œuvre d'un système de paiement mondial pour les ventes de véhicules et de pièces détachées.
L'entreprise a en effet formulé que cette mesure vise à préserver la flexibilité pour le financement futur et à marquer son engagement envers une gestion prudente du capital et la transparence envers les actionnaires.
Recreatives Industries (OTC: RECX) gab der Vorstand bekannt, einer Reduktion der genehmigten Stammaktien von 1.450.000.000 auf 700.000.000 zum 30. Oktober 2025 zuzustimmen — eine 52%-ige Reduzierung. Das Unternehmen erklärte, dass die Änderung darauf abzielt, eine disziplinierte Eigenkapitalstruktur beizubehalten, Verwässerung zu minimieren und die Ausrichtung zwischen Management und Aktionären zu stärken. Die Mitteilung hebt jüngste Initiativen hervor, darunter eine $2-Millionen-Dealer-Floor-Plan-Fazilität mit Dealer Direct und die Umsetzung eines globalen Zahlungssystems für den Verkauf von Fahrzeugen und Ersatzteilen.
Das Unternehmen bezeichnete den Schritt als Flexibilität für künftige Finanzierungen zu wahren und als Signal für ein Engagement zu verantwortungsbewusster Kapitalverwaltung und Transparenz gegenüber den Aktionären.
Recreatives Industries (OTC: RECX) أعلن مجلس الإدارة أن المجلس وافق على خفض عدد الأسهم العادية المصرح بها من 1,450,000,000 إلى 700,000,000، اعتباراً من 30 أكتوبر 2025 — انخفاض بمقدار 52%. قالت الشركة إن التغيير يهدف إلى الحفاظ على هيكل رأس مال منضبط، وتقليل التخفيف، وتقوية التوافق بين الإدارة والمساهمين. يوضح البيان مبادرات حديثة بما في ذلك تسهيل خطة تمويل للموزعين بقيمة 2 مليون دولار مع Dealer Direct وتنفيذ نظام دفع عالمي لبيع المركبات وقطع الغيار.
وصفّت الشركة هذه الخطوة بأنها وسيلة للحفاظ على المرونة اللازمة للتمويل في المستقبل وإشارة إلى الالتزام بإدارة رأس المال بحذر والشفافية تجاه المساهمين.
- Authorized shares reduced from 1.45B to 700M (52% reduction)
- Launched a $2M dealer floor plan facility with Dealer Direct
- Implemented a global payment system for vehicle and parts sales
- None.
Share reduction reflects management’s commitment to maintaining a disciplined equity structure and minimizing dilution as the Company executes its growth strategy
BRADENTON, Fla., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Recreatives Industries, Inc. (OTC: RECX) (“Recreatives” or the “Company”), the manufacturer of the legendary MAX 6x6 Amphibious All-Terrain Vehicles, today announced that its Board of Directors has approved a reduction of the Company’s authorized common shares from 1,450,000,000 to 700,000,000, effective immediately.
This action represents a more than
“The reduction in authorized shares reflects our confidence in Recreatives’ operational and financial trajectory,” said Andrew Lapp, CEO of Recreatives Industries. “Our goal is to maintain a disciplined share structure that supports sustainable growth, minimizes unnecessary dilution, and strengthens the alignment between management and shareholders.”
By maintaining tighter control over its equity structure, the Company aims to preserve flexibility for future strategic initiatives while signaling its commitment to prudent corporate governance and shareholder transparency.
Key Highlights
- Authorized shares reduced from 1.45 billion to 700 million (a
52% reduction) - Reinforces management’s focus on disciplined equity management and responsible capital planning
- Preserves flexibility for future financing and strategic growth initiatives
- Demonstrates long-term commitment to shareholder value and corporate transparency
This reduction follows a series of initiatives by Recreatives Industries to strengthen its financial position and modernize its operations, including the recent launch of a
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About Recreatives Industries, Inc.
RECREATIVES INDUSTRIES, INC. ("RECX") is the manufacturer of MAX amphibious six-wheel-drive (6x6) all-terrain vehicles (www.maxatvs.com), originally manufactured by Recreatives Industries Inc. of Buffalo, NY, from 1970 to 2013. RECX is continuing MAX's brand legacy of 53 years by relaunching the entire MAX ATV product line from existing, proven designs, which will ensure a rapid re-entry into the global ATV and UTV. Beyond traditional MAX ATV production, RECX plans to diversify its product line by introducing new vehicles and products to market in a compressed timeframe. The company's planned diversification includes larger eight-wheeled vehicles (8x8) as well as electric vehicle (EV) drivetrains to draw on recent advancements in battery and drive motor technology, which make fitment in smaller vehicles possible. RECX management believes that electric vehicles can ultimately offer performance that exceeds that of the traditional mechanical transmissions that most all-terrain vehicles employ.
Safe Harbor
This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, intended to be covered by the "safe harbor" created by those sections. Any statements that are not historical facts contained in this press release are also "forward-looking statements," as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA). Such statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be canceled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing or maintain contractual relationships with vendors and customers, competition, general economic conditions and other factors that are detailed in our periodic reports filed with the Securities and Exchange Commission ("SEC"). We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA, Securities Act, and Securities Exchange Act.
CONTACT:
Recreatives Industries, Inc.
Investor Relations
ir@recreatives.com
1-800-255-2511
www.recreatives.com
FAQ
What change did Recreatives Industries (RECX) announce on Oct. 30, 2025 regarding authorized shares?
How large is the authorized-share reduction for RECX and what percentage does it represent?
What financing initiative did Recreatives (RECX) launch alongside the share reduction?
Did Recreatives (RECX) announce any changes to its sales systems on Oct. 30, 2025?
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