Thunder Energies Corporation Filing a Form 25 and Going Private

Rhea-AI Summary

Thunder Energies Corp. (OTCBB: TNRG) has announced its intention to voluntarily go private and file a Form 25 with the SEC, which will deregister its common stock under the Securities Exchange Act of 1934. The company aims to streamline regulatory compliance, reduce costs, and reallocate resources through this transition.

Additionally, TNRG has completed the transfer of Webstar Technology Group (OTCQB: WBSR) common shares dividend on a one-to-one basis to shareholders of record as of September 13, 2024. Shareholders can expect to receive statements from Vstock Transfer by March 7, 2025.

Positive

• Cost reduction through elimination of SEC reporting requirements
• One-to-one share dividend distribution of WBSR stock to shareholders

Negative

• Company going private, reducing stock liquidity for shareholders
• Loss of public market access and transparency

ATLANTA, Feb. 27, 2025 /PRNewswire/ -- Thunder Energies Corp. (OTCBB: TNRG), a leader in real estate development, today announced its intention to voluntarily go private and file a Form 25 with the U.S. Securities and Exchange Commission (SEC). By filing a Form 25, Thunder Energies Corporation will officially deregister its common stock under the Securities Exchange Act of 1934, thereby removing its obligation to file periodic reports with the SEC. The company believes this transition will allow it to streamline regulatory compliance, reduce costs, and reallocate resources.

The company has also completed the transfer to all shareholders of record as of September 13, 2024, as previously released, with complete and verified information to receive the Webstar Technology Group (OTCQB: WBSR) common shares dividend on a one-to-one basis. Verified and fully complying shareholders will be available to receive statements from New York based transfer agency Vstock Transfer, LLC (www.vstocktransfer.com) no later than March 7, 2025.

Any eligible Thunder Energies shareholder who does not receive their notification of the Webstar Technology Group common shares dividend distribution and statement by the above-mentioned date is encouraged to contact the following email address for assistance: help@tnrgdividend.com. We ask that you include the following information in your confidential email:

• Full name or company name the shares are held in
• Most recent Thunder Energies shares statement
• Current mailing address
• Current phone number
• Current Email address

Please forward the above information at your earliest opportunity to enable us to address, correct and update each qualified shareholder promptly.

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

Investor Relations
Thunder Energies Corp.
E: Info@thunderenergiescorp.com
P: (404) 793-1956

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

What does Thunder Energies (TNRG) Form 25 filing mean for shareholders?

The Form 25 filing means TNRG will go private and deregister its common stock, ending its SEC reporting obligations.

When will TNRG shareholders receive their Webstar Technology Group dividend shares?

Shareholders of record as of September 13, 2024, will receive statements from Vstock Transfer by March 7, 2025.

What is the ratio of the TNRG to WBSR share dividend distribution?

Shareholders will receive Webstar Technology Group (WBSR) shares on a one-to-one basis for their TNRG shares.

How can TNRG shareholders claim their Webstar Technology Group dividend if not received?

Shareholders should email help@tnrgdividend.com with their full name, recent shares statement, and current contact information.