Thunder Energies Corp. Announces Dividend Distribution To Existing Shareholders Through Webstar Technology Group, Inc.

Rhea-AI Summary

Thunder Energies Corp. (OTCBB: TNRG) has announced a special dividend distribution for shareholders of record as of September 13, 2024, at 5:00 PM EST. The distribution will be a one-for-one (1:1) share of Webstar Technology Group, Inc. (OTCQB: WBSR) for each TNRG share held. This strategic move aims to enhance shareholder value and provide increased liquidity in the open market.

The initiative is designed to facilitate more active trading and improve accessibility for investors. Thunder Energies Corp. reaffirms its commitment to excellence in real estate development and corporate governance, promising to keep shareholders informed of future developments.

Positive

• Special dividend distribution to existing shareholders
• One-for-one share distribution in Webstar Technology Group, Inc.
• Potential for increased liquidity and market flexibility for investors
• Commitment to enhancing shareholder value

Negative

• None.

News Market Reaction

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On the day this news was published, TNRG declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

"Thunder Energies Corp. Announces A One-For-One Dividend Distribution to Existing Shareholders On September 13, 2024"

ATLANTA, Sept. 3, 2024 /PRNewswire/ -- Thunder Energies Corp. (OTCBB: TNRG) is pleased to announce a special dividend distribution to all existing shareholders of record as of 5:00 PM EST on September 13, 2024. Shareholders will receive shares on a one-for-one (1:1) basis in Webstar Technology Group, Inc. (OTCQB: WBSR) moving forward, enhancing their investment and providing increased liquidity in the open market.

This strategic initiative reflects Thunder Energies Corp.'s commitment to enhancing shareholder value and ensuring greater market flexibility for their investors. The distribution of shares is aimed at facilitating more active trading, thereby improving accessibility and investment opportunities within the market.

Thunder Energies Corp. continues to strive for excellence in its operations and corporate governance, ensuring that it remains at the forefront of real estate development. The company is committed to keeping its shareholders and the public informed of further developments in its journey towards greater market accessibility and shareholder satisfaction.

About Thunder Energies Corporation:

Thunder Energies Corp. is a real estate development company that prides itself on identifying and capitalizing on unique and lucrative opportunities in various diversified sectors. With a strategic focus on innovation and value creation, Thunder Energies is committed to delivering sustainable growth and shareholder value.

For more information and media inquiries, please visit www.thunderenergiescorp.com or contact:

Investor Relations
Thunder Energies Corp.
E: Info@thunderenergiescorp.com
P: (844) 601-1956

Donald R. Keer, P.E., Esq.
Corporate Counsel
Thunder Energies Corp.
P: (254) 704-2675

Forward Looking Statements Disclaimer: This release may contain statements that constitute 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. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Thunder Energies Corp.'s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Such forward-looking statements include the words "vision," "seek", "grow", "plan" and other expressions of a forward-looking nature. More information about the potential factors that could affect the business and financial results is and will be included in Thunder Energies Corp.'s filings with the OTC Markets, Securities and Exchange Commission and/or posted on the company's website.

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SOURCE Thunder Energies Corp

FAQ

When is the record date for Thunder Energies Corp's (TNRG) special dividend distribution?

The record date for Thunder Energies Corp's (TNRG) special dividend distribution is September 13, 2024, at 5:00 PM EST.

What is the ratio of the dividend distribution for Thunder Energies Corp (TNRG) shareholders?

The dividend distribution for Thunder Energies Corp (TNRG) shareholders is one-for-one (1:1), meaning shareholders will receive one share of Webstar Technology Group, Inc. (WBSR) for each TNRG share they own.

Which company's shares will Thunder Energies Corp (TNRG) shareholders receive as part of the dividend distribution?

Thunder Energies Corp (TNRG) shareholders will receive shares of Webstar Technology Group, Inc. (OTCQB: WBSR) as part of the dividend distribution.

What is the purpose of Thunder Energies Corp's (TNRG) special dividend distribution?

The purpose of Thunder Energies Corp's (TNRG) special dividend distribution is to enhance shareholder value, provide increased liquidity in the open market, and facilitate more active trading for investors.