Thunder Energies Corp. Continues its Dividend Distribution of Webstar Technology Group, Inc.'s Shares To Its Shareholders

Rhea-AI Summary

Thunder Energies Corp. (TNRG) has announced an extension of its special dividend distribution timeline. The dividend, consisting of Webstar Technology Group shares, will now be distributed through January 24, 2025. The extension applies to shareholders of record as of 5:00 PM EST on September 13, 2024. The company cited unforeseen logistical challenges as the reason for the timeline extension.

Positive

• Commitment to complete the dividend distribution to shareholders

Negative

• Delay in dividend distribution due to logistical challenges
• Extended timeline might create uncertainty for shareholders

ATLANTA, Dec. 31, 2024 /PRNewswire/ -- Thunder Energies Corp. (OTCBB: TNRG) has extended the timeline of its special dividend distribution to all existing shareholders of record as of 5:00 PM EST on September 13, 2024. Due to unforeseen logistical challenges, dividend distribution has been extended through January 24, 2025.

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 new deadline for TNRG's Webstar Technology Group shares dividend distribution?

The dividend distribution has been extended through January 24, 2025.

What is the record date for TNRG's special dividend distribution?

The record date for the special dividend is September 13, 2024, at 5:00 PM EST.

Why did Thunder Energies (TNRG) extend its dividend distribution timeline?

The company cited unforeseen logistical challenges as the reason for extending the dividend distribution timeline.

What type of dividend is Thunder Energies (TNRG) distributing to shareholders?

Thunder Energies is distributing a special dividend in the form of Webstar Technology Group shares to its shareholders.