Thunder Energies Corporation to Voluntarily Delist

Rhea-AI Summary

Thunder Energies Corp. (OTCMKTS: TNRG) has announced its intention to voluntarily delist from public markets and "go dark." The company's Board of Directors, with majority shareholder approval, has approved the withdrawal of securities from listing and registration on the Exchange and OTC Markets.

The delisting process will involve filing Form 25 after a 10-day waiting period, followed by Form 15 after an additional 10-day period. Prior to this announcement, TNRG had liquidated its assets and distributed dividends to shareholders in the form of OTCMKTS: WBSR shares. Following the delisting, the company will transition to becoming a private Florida corporation.

Positive

• Shareholders received dividend compensation in the form of WBSR shares
• Clean exit strategy through organized asset liquidation

Negative

• Complete delisting from public markets, limiting shareholder liquidity
• Loss of public trading status and market access
• Termination of public company status and associated transparency

ATLANTA, July 11, 2025 /PRNewswire/ -- Thunder Energies Corp. (OTCMKTS: TNRG) — Ricardo Haynes, Thunder Energies Corp.'s CEO issued the following statement:

Thunder Energies Corp. announced today their intent to delist and "go dark" from the public markets.

Please take Notice: on July 10, 2025, the Board of Directors, with the consent of a majority of eligible voting shareholders of the Company, approved a voluntary withdrawal of the class of securities from listing and registration on the Exchange and OTC Markets pursuant to 17 CFR 240.12d2-2(c); further, we believe Issuer has complied with the rules of the Exchange and the requirements of 17 CFR 240.12d2-2(c). Following this Notice, which has been filed with the SEC in a Form 8-K, and the obligatory 10-day waiting period, Issuer will file Form 25 - NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION; subsequently, Issuer, after waiting the obligatory 10-day waiting period, will file Form 15 - CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION.

As our loyal shareholders are aware, the Company has over the past year, liquidated its assets and paid a dividend to shareholders in the form of OTCMKTS: WBSR shares. The Company will become a private Florida corporation.

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 will Thunder Energies (TNRG) delist from the OTC Markets?

TNRG will file Form 25 after a 10-day waiting period following July 10, 2025, and then Form 15 after another 10-day period to complete the delisting process.

What will happen to TNRG shareholders after delisting?

Shareholders have already received dividends in the form of OTCMKTS: WBSR shares following the company's asset liquidation. The company will become a private Florida corporation.

Why is Thunder Energies (TNRG) delisting from public markets?

The company has liquidated its assets and is transitioning to become a private Florida corporation, with the decision approved by the Board of Directors and majority shareholders.

What compensation did TNRG shareholders receive before delisting?

TNRG shareholders received dividends in the form of OTCMKTS: WBSR shares following the company's asset liquidation over the past year.

What regulatory steps are required for TNRG's delisting process?

TNRG must file Form 25 after an initial 10-day waiting period, followed by Form 15 after another 10-day period, in compliance with SEC regulations and 17 CFR 240.12d2-2(c).