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Worldwide NFT (OTC: WNFT) has formed an advisory board to advise CEO Jay Wright and appointed entrepreneur Charles Haywood as its first member. Haywood founded and led personal-care manufacturer Mansfield-King, later sold in 2020, and previously worked as a securities and M&A attorney.
Worldwide NFT (OTC: WNFTD; WNFT) announced a change of control and recapitalization. Jay Wright has acquired majority voting control from George Sharp, effective immediately. Wright brings extensive M&A, public-company and defense-technology experience.
The company completed a 1-for-10 reverse stock split on May 15, 2026. Approximately 94.35 million common shares and 5 million preferred shares are now outstanding, with no debt, and the stock will trade as WNFTD for about 20 business days.
Worldwide NFT, Inc. (WNFT) has updated shareholders following its name change and forward split. The company is currently in legal proceedings regarding share cancellations involving former officer Warwick Calasse, which may delay potential acquisitions or mergers. WNFT has also entered an agreement with Forwardly, Inc. for a warrant transaction valued at $200,000, and is negotiating up to $5 million in equity financing for operational capital. The company aims to acquire assets within the NFT and Blockchain sectors.